CNG/LNG

U.S. Senator Ted Cruz (R-Texas), along with Senators Kevin Cramer (R-N.D.) and Shelley Moore Capito (R-W. Va.), introduced the Natural Gas Export Expansion Act to significantly streamline the federal approval process for exporting liquefied natural gas (LNG). The legislation aims to expedite non-free trade agreement (FTA) export permits by treating them the same as FTA countries, ensuring faster approval. According to Senator Cruz, the bill will enhance American energy dominance, create jobs, and drive investment by ensuring Texas-produced gas can be sent to allies globally. Read More “U.S. Senators Intro Bill to Expedite Federal Approval of LNG Exports”

Venture Global is building a new LNG export facility in Plaquemines Parish, Louisiana, approximately 20 miles south of New Orleans. When fully complete, Plaquemines LNG’s nominal capacity will be 2.6 Bcf/d (3.2 Bcf/d peak). The first portion of the new plant came online in December when it officially shipped its first cargo to Germany. Venture Global said that it would (as it did with the Calcasieu Pass facility it previously built) pretend that Plaquemines LNG is not “commercially ready” while shipping all sorts of LNG cargoes around the world. The practice allows the company to cream the market and make more money for the first couple of years (see Plaquemines LNG Coming Online, Will Hose Customers for 2 Years). But that’s not enough for Venture Global! In September, the company asked the Federal Energy Regulatory Commission (FERC) to extend the deadline for declaring the facility commercially ready by another 15 months, from September 30, 2026, to December 31, 2027 (see VG Wants an Extra 15 Months for Commissioning Plaquemines LNG). FERC fell for the ruse and agreed. Read More “FERC Grants VG Request to Delay Official Start of Plaquemines LNG”

Commonwealth LNG is developing a 9.5 MTPA (million tonnes per annum) liquefied natural gas (LNG) export terminal project located near Cameron, Louisiana. In September, Commonwealth announced it had signed a deal with EQT Corporation to provide 1.0 MTPA of LNG for EQT to resell (see EQT Signs Third Deal to *Buy* LNG – This One Commonwealth LNG). Commonwealth, in its press release, stated that with the EQT deal, it now has sufficient commitments (5.0 out of 9.5 MTPA) to proceed with a final investment decision (FID), which it plans to make by the end of this year. However, Commonwealth just asked the Federal Energy Regulatory Commission (FERC) for more time to build. Read More “Commonwealth LNG Asks FERC for Extra 4 Years to Build”

The Europeans have tried to regulate the U.S. oil and gas industry for more than a year (see Europeans Presume to Impose Their Regulations on American Gas). You probably know what we think of that. They’re are doing it again. The European Union’s Corporate Sustainability Due Diligence Directive (CS3D) imposes strict climate and labor compliance requirements on nearly 17,000 global companies, including about 3,000 large U.S. firms, extending to their suppliers and subcontractors worldwide. American energy companies, particularly LNG exporters, face potential annual compliance costs of up to $2.7 million and fines of 5% of their global revenue for noncompliance, with the possibility of private lawsuits. Read More “Europeans Think They Can Regulate Our O&G, LNG Standards”