Philadelphia Gas Works’ Proposed LNG Plant Replacement in Limbo
The Philadelphia Gas Commission postponed a vote on Philadelphia Gas Works’ (PGW) $182 million proposal to replace and expand its natural gas liquefier (LNG plant) in Port Richmond. The commission’s staff and the Public Advocate recommended rejecting the project, arguing it was oversized and could burden customers with unnecessary debt. They also cited incomplete plant and project designs. PGW argued the upgrade is crucial for safety and affordability, preventing potential harm to customers during cold winters and avoiding the need to truck in liquefied natural gas. Read More “Philadelphia Gas Works’ Proposed LNG Plant Replacement in Limbo”
Caturus has reached major milestones in its “wellhead-to-water” strategy, finalizing customer offtake agreements (new customer signups) for its $12.5 billion, 9.5 MTPA Commonwealth LNG project in Louisiana. This commercialization milestone paves the way for imminent project financing and a final investment decision (FID) in the coming weeks. Key international partners, including EQT LNG Trading, Glencore, Mercuria, PETRONAS, and Aramco Trading Americas, have signed long-term Sale and Purchase Agreements. 
Venture Global (VG) and Edison S.p.A., an Italian electric utility company headquartered in Milan, have signed a commercial agreement to fully resolve their pending arbitration regarding the Calcasieu Pass LNG project. Expected to conclude by the end of Q2 2026, the settlement terminates all legal disputes between the companies. As part of the deal, VG will deliver additional LNG cargoes to Europe, specifically targeting the Italian market through the Adriatic LNG Terminal starting in May 2026. This agreement strengthens their long-term partnership and enhances Italy’s energy security amidst global geopolitical disruptions. 
Morningstar DBRS has published an interesting commentary that will be of interest to MDN readers and those with an interest in LNG: “From Risk to Relevance: Middle East Disruption Elevates North American LNG.” The escalating conflict in the Middle East has disrupted global LNG supply, damaged infrastructure in Qatar, and constrained shipping. These developments have heightened buyer concerns around supply security and transit risk, prompting a reassessment of LNG sourcing strategies. As a result, North American LNG has gained strategic relevance (preference), supported by jurisdictional stability and expanding export capacity. 
In December, representatives from Chesapeake Utilities and BHE GT&S, a subsidiary of Berkshire Hathaway Energy, presented a proposal to the Port Canaveral Authority to construct a new LNG liquefaction facility in Brevard County, FL (see 
This one makes us white-hot with anger. Our “cousins” to the north, who have bashed fossil energy repeatedly and have disrespected the Trump administration on numerous occasions, now want to export more of their natural gas to the U.S. so we can use it in our LNG exports to other countries. NO THANKS. You can keep your gas and stick it where the sun doesn’t shine. We have PLENTY of our own gas, and we could extract even more (from the Marcellus/Utica, other plays, too) if we had available pipelines to flow it. We don’t need or want Canadian gas that would displace existing molecules in our limited pipelines. 
We lead with this story about a government regulatory action because of just how important we see this development. For *years* we have railed against the 106-year-old Jones Act and its requirement that any goods (like LNG) that are transported from one U.S. port to another be on a ship manufactured in the U.S., owned by a U.S. company, and crewed by a U.S. crew. The effect of this law in the modern age is to ban LNG (and other shipments, like gasoline, propane, coal, and other products manufactured in the U.S.) from being shipped cheaply from port to port. The U.S. foolishly allowed its ship manufacturing to slip away years ago to South Korea and other countries. We no longer make cargo carriers for LNG and other energy products. We haven’t made them in decades. Yesterday, President Trump signed a 60-day waiver of the Jones Act, allowing certain goods (such as LNG, fertilizer, and coal) to be transported from U.S. port to U.S. port on foreign-owned, foreign-flagged and crewed ships. 
Last summer, Venture Global announced a final investment decision (FID) for “Phase 1” of its Calcasieu Pass 2 (CP2) LNG project (see 
Venture Global’s Calcasieu Pass (CP) LNG export facility in Louisiana began operations in March 2022 (see 
As the conflict with Iran and the halt in LNG production in Qatar triggered a 100% spike in European natural gas prices, U.S. liquefied natural gas (LNG) has solidified its role as a critical global energy stabilizer. Following the 2022 invasion of Ukraine, the U.S. became Europe’s primary supplier, a shift highlighted at a recent Pittsburgh energy conference. EQT CEO Toby Rice and other Pennsylvania producers argue that expanding Marcellus Shale exports is essential for allied security. Despite infrastructure bottlenecks, U.S. LNG exports are projected to grow significantly by 2030, offering a reliable alternative to volatile Middle Eastern and Russian energy supplies. 
Last week, RBN Energy held its GasCon 2026 conference in Houston, Texas. Among the heavy hitters who attended and spoke at the event were Sital Mody, President of Natural Gas Pipelines at Kinder Morgan, and Dan Brouillette, the 15th Secretary of the U.S. Department of Energy. Mody had this to say during his talk: “When I take a step back and reflect on the natural gas industry, the one thing that comes to mind for me is all gas, no brakes.”