Chenieretour

Cheniere to take on $5.8 billion in debt to pave way for Sabine Pass construction

on
The Houston-based LNG company announced Monday that it’s working with 18 financial institutions to arrange the financing, including $4.6 billion of credit and a $1.2 billion revolving credit facility.
Chenieretour

Cheniere gets OK to export from Sabine Pass expansion

on
The first four trains are nearing the finish line, putting Cheniere on track to produce its first batch of LNG later this year, but work can’t start on the expansion project until Cheniere makes a final investment decision.
The Pearl gas-to-liquids plant in Qatar is the largest in the world. A&M has established a new research center in Qatar to delve into shale gas studies and train students for jobs in gas processing. (Photo: Shell)

Qatar Petroleum expanding overseas with focus on production

on
QP has shifted priorities since leading Qatar’s transformation into the largest LNG supplier and is seeking now to manage a slump in the nation’s oil output while expanding internationally.
Liquefied natural gas export terminals including Cheniere Energy's $18 billion Sabine Pass facility nearing completion  in Cameron Parish, Louisiana,  should boost demand for U.S. natural gas. (Cheniere Energy photo)(Cheniere Energy)

Cheniere clears hurdle to expand Sabine Pass LNG terminal

on
Cheniere Energy cleared a regulatory hurdle to expand its Sabine Pass liquefied natural gas export terminal after federal regulators Tuesday dismissed an environmental group’s concerns about the project.
Categories: LNG
An artist rendering of Cheniere Energy's proposed LNG export terminal in Corpus Christi.

Kinder Morgan LNG export project applies for FERC approval

on
Kinder Morgan is seeking Federal Energy Regulatory Commission to build the $8 billion LNG export project near Pascagoula, Mississippi. The applicants are seeking FERC approval no later than June 17, 2016.
Charif Souki, CEO of Cheniere Energy speaks during an interview. (James Nielsen/Houston Chronicle)

Cheniere reveals plans for additional LNG projects

on
Cheniere plans to expand its liquefied natural gas empire, adding two additional production units in Corpus Christi and partnering with a smaller Houston-based LNG company to build new projects in Louisiana.
Liquefied natural gas export terminals including Cheniere Energy's $18 billion Sabine Pass facility nearing completion  in Cameron Parish, Louisiana,  should boost demand for U.S. natural gas. (Cheniere Energy photo)(Cheniere Energy)

Warm weather deepens chill on natural gas markets

on
The possibility that natural gas inventories are heading for record highs have sent benchmark prices down year-over-year from $4.50 to $2.71 per million Btu.
Liquefied natural gas export terminals including Cheniere Energy's $18 billion Sabine Pass facility nearing completion  in Cameron Parish, Louisiana,  should boost demand for U.S. natural gas. (Cheniere Energy photo)(Cheniere Energy)

Cheniere ready to start work on Sabine Pass expansion, urges feds to give full approval

on
Cheniere Energy is ready to start construction on an expansion of its Sabine Pass liquefied natural gas export terminal, but it can’t start work until federal regulators dismiss an environmental group’s request to intervene.
(Paul O'Driscoll/Bloomberg News)

Shell agrees to sell its French LPG business

on
Shell, which is increasingly focusing on oil and liquefied natural gas with its planned acquisition of BG Group, said it is in exclusive talks to sell its subsidiary, France-based Butagaz LPG, to Ireland-based DCC Group, which largely focuses on LPG distribution throughout Europe.
A liquefied natural gas (LNG) tanker operated by Energy Advance Co., a unit of Tokyo Gas Co., is moored at the company's Sodegaura plant in Sodegaura City, Chiba Prefecture, Japan, on Thursday, March 22, 2012. (Tomohiro Ohsumi/Bloomberg)

Texas LNG export project quickly advances with new CB&I contracts

on
NextDecade contracted with CB&I — both companies are headquartered in The Woodlands — to conduct the front-end engineering and design and to determine the project’s engineering, procurement and construction terms. The terms of the deal are not being released.