Category: LNG

Cheniere’s tentative settlement could restrict stock grants through 2017

Cheniere Energy has reached a pre-settlement pact with investors that will put restraints on pay after CEO Charif Souki’s $142 million annual takehome had outpaced every other U.S. CEO’s last year.  More »

Freeport LNG announces financing for part of project

Freeport LNG has secured financing for the first of three liquefaction trains proposed for an export terminal in Quintana, Texas, the company announced Wednesday.  More »

Contractor: Freeport LNG to break ground within weeks

Freeport LNG could break ground on its initial two liquefaction trains within a matter of weeks, a major contractor working on the project told investors Thursday.  More »

Freeport LNG widens ship channel

The Port Freeport ship channel will be widened from 400 feet to 600 feet as part of a plan proposed eight years ago when the Freeport facility was envisioned as an import terminal capable of regasifying LNG offloaded from tankers.  More »

Corpus Christi LNG clears hurdle toward federal approval

The agency found that while construction and operation of the import and export terminal could have some adverse effects, mostly temporary and short-term, they will be minimal.  More »

Proposed LNG plant aims to fuel drilling rigs, pressure pumpers

Drilling companies in the booming Permian Basin may soon have an option to power their heavy-duty equipment with the same stuff they’re pumping from the ground.  More »

Construction progresses at Cheniere’s Sabine Pass terminal

The Houston-based company is adding liquefaction capabilities to export LNG as it capitalizes on the surge of cheap abundant gas unlocked by the U.S. shale boom.  More »

Galveston port sets aside 185 acres for proposed LNG plant

Trustees signed an “option to lease” agreement for the property with a subsidiary of Woodlands-based NextDecade, a privately owned company focused planning to build a $6 billion liquefaction plant on the small island north of Galveston, said Port Director Michael Mierzwa said.  More »

Galveston eyed for $6 billion LNG export terminal

Galveston Wharves trustees Monday will consider leasing 185 acres on the northeast corner of Pelican Island to Next Decade, a privately owned company focused on developing two Texas LNG export facilities.  More »

New Boardwalk pipeline to supply Freeport LNG project

Gulf South Pipeline Co., a subsidiary of Houston-based Boardwalk Pipeline Partners, plans to build a 65-mile pipeline to feed the planned Freeport LNG Development facility.  More »

Cameron LNG export terminal can break ground

The Energy Department on Wednesday handed critical final government licenses to the Cameron LNG project in southwestern Louisiana and a much smaller Florida facility, giving both approval to widely export natural gas around the globe. The two projects now are part of an elite club, joining only one other would-be LNG exporter in the continental United States to be fully authorized.  More »

Alaska LNG Project takes step forward with FERC filing

The Alaska LNG project is a joint effort among Exxon Mobil, ConocoPhillips, BP, TransCanada and the state of Alaska that aims to run an 800-mile pipeline from Alaska’s North Slope to a natural gas liquefaction plant in the town of Nikiski on the southern coast’s Cook Inlet.  More »
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