Exporting

Freeport LNG continues to rapidly ramp up its liquefaction and export capability. The facility experienced an explosion and fire in June 2022. It was just over a week ago that the Federal Energy Regulatory Commission (FERC) granted the facility permission to restart two of three liquefaction trains (see FERC Clears Freeport LNG to Restart 2 of 3 Liquefaction Trains). Freeport says one of those trains is now fully back online and working, with the second close behind. Freeport has asked FERC for permission to bring the third and final train back online.
Read More “1 of 3 Freeport Trains Fully Online Producing & Exporting LNG”

The Sabine Pass LNG terminal, owned and operated by Cheniere Energy, is spread over an 853-acre site in Cameron Parish, Louisiana. The facility is the largest receiving and regasifying terminal in the world with a total send-out capacity of 4 Bcf/d (billion cubic feet per day) and a storage capacity of 16.8 Bcf. The “nameplate” capacity of the facility with six trains operating is roughly 30 mtpa (million tons per annum). Last Thursday, Cheniere announced it has pre-filed to expand its Sabine Pass operation significantly, by another 66% to around 50 mtpa. This is good news for the Marcellus/Utica.
Read More “Cheniere Plans Huge Expansion of Sabine Pass LNG Exports”

Finally! The Federal Energy Regulatory Commission (FERC) has granted permission to the Freeport LNG facility, located in Quintana, Texas, to restart two of three liquefaction “trains,” two of three LNG storage tanks, and one of two LNG births for ships to tie up and load. While the third train and third storage tank will need further FERC permission, Freeport predicts the entire facility–all three trains and the infrastructure that supports them–will be online and producing the maximum 2 Bcf/d (billion cubic feet per day) within “the next several weeks.”
Read More “FERC Clears Freeport LNG to Restart 2 of 3 Liquefaction Trains”

Earlier this week, we reported the exciting news that two shipments of LNG had been loaded and sailed from the Freeport LNG facility, which (until now) has been out of commission since June 2022 due to an explosion and fire (see Another Surprise! 2nd LNG Cargo Departs Freeport Facility). We have new news that a third cargo has loaded and left Freeport–once again using LNG that had been liquefied and stored prior to the shutdown in 2022. We now have word that a fourth LNG tanker is due to arrive at the facility next Monday. It seems the sleeping giant has awakened!
Read More “Gulf Coast’s Sleeping Giant, Freeport LNG, Begins to Wake Up”

Money talks and you-know-what walks. There have been many (perhaps a dozen) proposed LNG export facilities that talk a good game about pulling the trigger on a final investment decision (FID) and moving forward with construction. However, according to Reuters, there are three such projects that are certain, or near certain, to do make an FID this year. Reuters says all three now have all of the customers they need, signed to contracts, so they can go to the bank and get the money they need to begin. Which three?
Read More “3 U.S. LNG Export Projects Ready to Make FIDs in 2023”

Yesterday we reported the surprising news that a load of LNG had left the Freeport facility, even though the facility has not been fully blessed to restart operations (see Surprise! Freeport LNG Exports 1st Cargo Since June 2022 Explosion). As we told you, it appears the load was LNG that had been liquefied and stored before the facility was shut down in June 2022 following an explosion. In an even bigger surprise, it appears another (second) ship left Freeport last night, loaded with LNG, headed for South Korea.
Read More “Another Surprise! 2nd LNG Cargo Departs Freeport Facility”

In a complete and total surprise, S&P Global Commodity Insights is reporting the very first post-explosion cargo of LNG exports has left the Freeport LNG facility along the Texas Gulf Coast and is en route to Port Said (Egypt). The BP-chartered Kmarin Diamond departed Freeport yesterday morning around 7:30 am. But (and here’s the big but)…don’t get your hopes up that this restarts a steady stream of ships departing from the Freeport facility. S&P says Freeport used supplies that were already in its storage tanks when the explosion and fire forced the terminal offline in June 2022. So this load was from LNG that’s been sitting around for eight months. When will more ships load up newly liquefied LNG at the facility?
Read More “Surprise! Freeport LNG Exports 1st Cargo Since June 2022 Explosion”

Tuesday of last week, Freeport LNG, which has been out of operation since an explosion and fire in June 2022, asked the Federal Energy Regulatory Commission (FERC) for permission to begin re-introducing feedgas back into one of three liquefaction “trains” (units) at the facility. A day later, FERC agreed, and small amounts of gas began to flow (see FERC Approves Freeport LNG Request to Reintro Feedgas to 1st Train). Last Wednesday (a day later), Freeport said it was ready to begin loading ships with the LNG it’s producing and asked FERC for permission to do so (see Freeport Asks FERC for Permission to Load LNG onto Waiting Ships). So far (now a week later), FERC has not responded and has not granted permission to load the ships. As of yesterday, Reuters is reporting gas flows to Freeport have stopped.
Read More “Natural Gas Starts, Then Stops Flowing to Freeport LNG Plant”

New analysis from the U.S. Energy Information Administration (EIA) shows the world will bring online the least amount of new LNG exports this year than it has in the past ten years. The world will, if the predicted four new projects come online, add another 1 Bcf/d (billion cubic feet per day) of LNG export capacity, which is piddly. But that’s not even the worst news. The worst news is that NONE of that new capacity will come from the U.S.
Read More “EIA Says Only 1 Bcf of LNG Exports Coming Online in 2023 – All Non-US”

Last Tuesday, Freeport LNG, which has been out of operation since an explosion and fire in June 2022, asked the Federal Energy Regulatory Commission (FERC) for permission to begin re-introducing feedgas back into one of three liquefaction “trains” (units) at the facility. A day later, FERC agreed (see FERC Approves Freeport LNG Request to Reintro Feedgas to 1st Train). On Wednesday, Freeport said it was ready to begin loading ships with the LNG it’s producing and asked FERC for permission to do so.
Read More “Freeport Asks FERC for Permission to Load LNG onto Waiting Ships”