CNG/LNG

BP recently won a victory in an arbitration lawsuit against Venture Global’s Calcasieu Pass (CP) LNG for not selling contracted LNG deliveries in a timely fashion (see Venture Global’s CP LNG Loses Arbitration to BP, Owes Big Money). Venture Global is attempting to repeat the same delivery delay tactic with another new LNG export facility located in Plaquemines Parish, Louisiana. Except this time, contracted customers are already pushing back (see Chevron Complains that VG’s Plaquemines LNG to Delay Startup). Typically, a new LNG facility will load and ship several (maybe two or three) cargoes to “work out the kinks” and ensure everything is working as advertised. Venture Global, using loopholes in its signed contracts, maintained that they were working out the kinks long after it began shipping. Venture Global’s CP LNG liquefied and shipped *over 400 cargoes* from March 1, 2022, through April 2025 before it announced it was “commercially ready” to begin operations. Read More “VG Getting Heat from Contracted Customers re Plaquemines LNG Startup”

In September, NextDecade Corporation announced it had reached a final investment decision (FID) to move forward with construction of Train 4 at its Rio Grande LNG export facility in Brownsville, Texas, within the Port of Brownsville (see NextDecade Announces Positive FID on Rio Grande Train 4 LNG Project). The expected LNG production capacity of Train 4 is 6 MTPA (million tonnes per annum, which translates to roughly 0.8 Bcf of natural gas used per day). Last week, one month after the Train 4 announcement, NextDecade announced an FID for Train 5, which will add another 6 MTPA to the total, bringing the total expected LNG production capacity under construction at Rio Grande LNG to approximately 30 MTPA. Read More “NextDecade Announces Positive FID on Rio Grande Train 5 LNG Project”

If all of the announced LNG export projects in North America get built (a big “if”), our LNG exports will double between 2024’s 11.4 Bcf/d and a projected 28.7 Bcf/d in 2029. Already in 2025, U.S. exports have grown to a capacity of 15.4 Bcf/d (the largest in the world), so we’re well on our way. A small portion of the total increase will come in Canada (2.5 Bcf/d) and Mexico (0.6 Bcf/d). The vast majority will come from new facilities along the U.S. Gulf Coast. The U.S. Energy Information Administration (EIA) has the details of the coming buildout in LNG exports… Read More “N. American LNG Exports on Track to DOUBLE by 2029, 28.7 Bcf/d”

MDN chronicled the rise and fall of Tellurian, founded by Charif Souki (who also founded Cheniere Energy), and Tellurian’s LNG export project, Driftwood. Tellurian’s primary focus was to build Driftwood LNG, a 27.6 million tonnes per annum (MTPA) facility that would cost $14.5 billion. Construction began on the project in March 2022, even without a final investment decision (see Tellurian Begins Construction of Driftwood LNG with No FID). The company spent more than $1 billion building Driftwood before its financial wheels came off. In July 2024, Australian LNG giant Woodside announced a deal to buy Tellurian and Driftwood for $1.2 billion, renaming it Louisiana LNG (see Australia’s Woodside Buying Tellurian & Driftwood LNG for $1.2B). Woodside pulled the trigger on an FID earlier this year and, as of last week, reports the plant is now 22% built and on track to start up in 2029 (see Former Driftwood LNG Plant Already 22% Built, On Track to Start 2029). Read More “Woodside Lands Turkey’s BOTAS as Customer for Former Driftwood LNG”

Not quite a month ago, EQT Corporation, the largest Marcellus/Utica-only natural gas producer (second largest natural gas producer in the country) signed a deal with Sempra’s Port Arthur LNG Phase 2 project in Jefferson County, Texas, to buy (not sell) LNG from the plant to resell it to other countries (see EQT Announces Deal to *Buy* LNG from Sempra’s Port Arthur LNG). The deal was contingent upon Sempra making a final investment decision (FID) to proceed with building the project. Yesterday, Sempra made its decision and is moving forward. Read More “Sempra’s Port Arthur LNG Facility Makes FID to Build Phase 2”