LNG

U.S. pipeline operator Energy Transfer said on Wednesday it entered into a nonbinding agreement with MidOcean Energy to jointly develop the Lake Charles LNG export facility in Louisiana. MidOcean will pay for 30% of the construction costs of the facility and receive 30% of the LNG production, or roughly 5.0 million metric tonnes per annum …

Energy Transfer Signs Deal with MidOcean for Lake Charles, Louisiana, LNG Project Read More »

(Reuters) – U.S. liquefied natural gas producer NextDecade said on Tuesday it had signed an agreement with a subsidiary of Saudi Aramco to supply the superchilled gas from its Rio Grande facility for 20 years. As part of the deal, the Aramco subsidiary will purchase 1.2 million tonnes per annum of LNG from Train 4 …

NextDecade Signs 20-Year Deal with Aramco to Supply LNG From Rio Grande Facility Read More »

Chinese buyers of LNG are re-selling U.S.-sourced cargoes as tit-for-tat tariffs drive up import costs, and the trend is set to accelerate as new multi-year supply deals kick in this month and domestic demand weakens, traders and analysts say. Beijing, which imposed 15% tariffs on U.S. LNG imports in early February, on Friday slapped reciprocal …

Chinese LNG Buyers Resell US Cargoes as Tariffs bite Read More »