Exporting

Venture Global (VG) has begun construction on the Calcasieu Pass 2 (CP2) LNG export facility in Cameron Parish, Louisiana. This is the third LNG facility VG will have built, and upon completion, it will propel VG to be the largest LNG exporter in the United States and the second largest in the world. Pretty heady stuff. CP2 is expected to bring new LNG supply to market beginning in 2027. Given the facility’s location, we’re confident that at least some (perhaps a lot) of Marcellus/Utica molecules will help feed it. Read More “Venture Global Begins Construction Work at CP2 LNG in Louisiana”

On Wednesday, the Governor of Puerto Rico, Jenniffer González-Colón, along with Crowley officials, celebrated the first official shipment of LNG from the U.S. Gulf Coast via Crowley’s Jones Act-compliant LNG carrier named American Energy. In March, MDN shared the news that Crowley had commissioned the first Jones Act-compliant LNG carrier that can shuttle LNG between U.S. ports and P.R. (see Crowley Launches 1st U.S. Jones Act LNG Carrier to Serve Puerto Rico). On Wednesday, American Energy arrived at an LNG regasification facility in Peñuelas. Read More “Ceremony Celebrates 1st Jones Act LNG Shipment to Puerto Rico”

Marcellus/Utica molecules may be heading to Malaysia. Commonwealth LNG yesterday identified PETRONAS LNG Ltd., a subsidiary of Malaysia’s national oil and gas company, as the major Asian energy company referenced in the company’s May 5 announcement of a buyer to purchase 1 million tonnes per annum (MTPA) of LNG for 20 years from Commonwealth’s 9.5 MTPA facility under development in Cameron, Louisiana. Commonwealth LNG currently has 4 MTPA of offtake under long-term agreements. The company expects to finalize all of the deals it needs before making a final investment decision (FID) in Q3 2025. The Commonwealth facility targets its first LNG production in 2029. Read More “Commonwealth LNG Signs Deal to Sell 1 MTPA to Malaysia’s PETRONAS”

The Japanese certainly want to stay on the good side of Donald Trump regarding trade. Yesterday, JERA Co., Inc., Japan’s largest power generation company, joined U.S. Secretary of the Interior Doug Burgum and Energy Secretary Chris Wright (the Chair and Vice Chair of the National Energy Dominance Council, respectively), along with Shigeo Yamada, Ambassador of Japan to the United States, to announce that the company has finalized several 20-year agreements to procure up to 5.5 million tonnes per year (MTPA) of LNG from the United States. Read More “Japan’s JERA Signs Multiple Deals for 5.5 MTPA of U.S. LNG”

U.S. LNG feedgas demand slipped last week to its lowest level since mid-December due to ongoing maintenance at the Sabine Pass and Cameron LNG export facilities along the Gulf Coast. Two trains were offline at Sabine Pass, and one train was offline at Cameron, resulting in feedgas demand of 13.28 Bcf/d for the week (down 7% from the previous week). In something of a miracle, Freeport LNG was online with all trains producing! Read More “Maintenance at 2 LNG Export Plants Lowers U.S. Feedgas Demand”