Exporting

Sempra Infrastructure, a subsidiary of Sempra, announced yesterday it had signed its final customer to buy LNG from the Port Arthur (Texas) LNG facility. All of the LNG that can be produced from Phase 1 of the Port Arthur facility is now spoken for, meaning Sempra anticipates moving forward with a final investment decision (FID) to build the plant and begin actual construction sometime by the end of March this year. Although located along the Texas Gulf Coast, this is good news for the Marcellus/Utica.
Read More “Port Arthur LNG Now has All Customers Needed to Build Phase 1”

Credit where credit is due. Freeport LNG, which has been offline since an explosion and fire in June 2022, has changed the target date to restart operations at the facility multiple times over the past few months. (We care because Marcellus/Utica molecules flow to the facility.) Various experts have weighed in with estimates that Freeport won’t restart until February or possibly March (see Rystad Energy Predicts Freeport LNG Restart to be March Earliest). However, since early January, Freeport has maintained it would restart by the end of January (see Familiar Pattern: Freeport LNG Delays Restart Again, to End Jan.). It may not be restarted in the next week, but on Monday, Freeport filed an official request with the Federal Energy Regulatory Commission (FERC) to begin the restart process now, in January. It is the first step in a full restart (a process that will take months).
Read More “Freeport LNG Asks FERC for Permission to Begin Restart Work”

In what has become something of a parlor game, we have yet another prediction about when the 2 Bcf/d Freeport LNG export terminal, located in Quintana Island, Texas, will return to service. Freeport has been offline since June 2022, when the plant experienced an explosion and subsequent fire (see Explosion Rocks Freeport LNG Export Plant – Offline for 3 Weeks). Freeport, which exports at least some Marcellus/Utica molecules, has changed its estimated restart date multiple times. Earlier this month, Freeport revised its restart date to the end of January (see Familiar Pattern: Freeport LNG Delays Restart Again, to End Jan.). Although the company has held to that date, multiple analysts and sources say ain’t no way. The latest expert to weigh in on a proposed restart date is Rystad Energy.
Read More “Rystad Energy Predicts Freeport LNG Restart to be March Earliest”

The 2 Bcf/d Freeport LNG export terminal, located in Quintana Island, Texas, has been offline and not producing LNG since June 2022 due to an explosion (see Explosion Rocks Freeport LNG Export Plant – Offline for 3 Weeks). Freeport, which exports some Marcellus/Utica molecules, has changed its estimated restart date multiple times. Earlier this month, Freeport revised its restart date to be the end of January (see Familiar Pattern: Freeport LNG Delays Restart Again, to End Jan.). A week later, sources told Reuters that restart will almost certainly be sometime in February (see Sources Say Freeport LNG Won’t Restart Until End of February). Every week the Freeport facility remains offline removes another four LNG cargo carriers from delivering our LNG to the rest of the world.
Read More “Every Week Freeport LNG Delayed Takes 4 LNG Cargoes Off Market”

Three different highly-placed sources have whispered to a Reuters reporter that the Freeport LNG export facility, which has been offline since last June, will continue to be offline until at least sometime in February. Are you surprised? We aren’t.
Read More “Sources Say Freeport LNG Won’t Restart Until End of February”

The Freeport LNG export terminal, located in Quintana Island, Texas, has been offline and not producing LNG since June 2022 due to an explosion (see Explosion Rocks Freeport LNG Export Plant – Offline for 3 Weeks). Freeport has changed its estimated restart date multiple times. In early December, Freeport swore up and down that it would begin to return to service by the end of 2022 (see Freeport LNG Changes Restart Date from Mid- to End-December). Yeah, well, that didn’t happen. Two days before Christmas, when everyone was getting ready to head out the door for the holiday, Freeport dropped another announcement…
Read More “Familiar Pattern: Freeport LNG Delays Restart Again, to End Jan.”

The country of Japan is perenially either the #1 or #2 top LNG importer in the world. The country has virtually no domestic supplies of oil and gas and, therefore, must import what it uses. It’s no secret that Japan and its traders are some of the best in the world. So when Japan says supplies of LNG are getting tighter and that “Procurement [of LNG] can also be said to be in a state of war,” that’s alarming. And sobering. Japan says not enough money is being invested in LNG export projects, and although this year most countries can muddle through, beginning next year, it’s going to be a problem.
Read More “Japan Says LNG Buyers “in a State of War” Over Limited Supplies”