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Commentary: 10 challenges faced by the global LNG market

We recently looked at the restart of the first Japanese nuclear reactor in four years, and assessed its impact on Japanese oil demand. It was somewhat burying the lede, however, not to address the impact on LNG demand. So with Japan’s developments still fresh in our minds, here are ten challenges faced by the global LNG […]
Sabine Pass Dinner Cruise attendee snaps photos of the Golden Pass LNG storage tanks and cargo transfer arms, Wednesday, Dec. 11, 2013, in Sabine Pass, TX. ( Marie D. De Jesus / Houston Chronicle )

Betchel signs on to engineer first U.S.-based floating LNG vessel

The first U.S.-based floating liquefied natural gas vessel moved closer to reality after engineering giant Bechtel agreed to design and engineer the project once a final investment decision is reached.
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)

Most U.S. LNG projects won’t cross the finish line, new study says

A handful of U.S. LNG export projects will cross the finish line, but construction seems increasingly unlikely for the remaining proposals, according to a new study that adds to the chorus of voices raising doubts about the flurry of developments announced in the wake of the U.S. shale boom.
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)

$71 billion in U.S. LNG projects not needed in low-carbon world, group says

The shale revolution spurred a flurry of proposals to build new U.S. export terminals to ship LNG overseas, but investors should take a long hard look at the projects they intend to fund amid a push to limit global warming within 2 degrees Celsius in the next century.
Categories: LNG
An LNG tanker (Tomohiro Ohsumi/Bloomberg)

Enbridge takes 5 percent stake in planned offshore LNG project

Houston’s Fairwood Peninsula Energy Corp. said Wednesday the pipeline company had purchased the small stake and agreed to assist in the development of its Delfin LNG project.
Cheniere Energy is considering building a terminal in Ingleside to store and and ship condensate. (Courtesy Cheniere Energy)

Cheniere exec says company is moving ahead on $550 million La Quinta project

A top Cheniere executive provided an update on the project at an energy conference in Houston on Monday, months after the company first revealed that it was hoping to build a marine and storage terminal on a 552-acre site along the La Quinta Ship Channel.

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

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.

Cheniere gets OK to export from Sabine Pass expansion

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.
Charif Souki, CEO of Cheniere Energy speaks during an interview. (James Nielsen/Houston Chronicle)

Cheniere reveals plans for additional LNG projects

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.
Trimac Transportation driver Robert Williams used the liquified natural gas lane to fill his truck at the Flying J truck stop on I-10 East in Baytown Thursday Aug. 23, 2012.(Dave Rossman/For the Chronicle)

Natural gas could dent demand for oil as transportation fuel

HOUSTON — The surge in liquefied natural gas as a transportation fuel for truck fleets and ships could displace oil demand by more than 1.5 million barrels a day by 2030, according to a new study by IHS Energy. While 1.5 million barrels of oil may not seem like a large chunk of the 93.6 […]