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The recent surge in domestic oil and gas production offers an opportunity for the United States and China to collaborate, according to a new report.
Baton Rouge-based G2 LNG LLC. announced on Monday that it plans to construct an $11 billion liquefied natural gas export facility on the ship channel in Cameron Parish.
On Cheniere, Chanos is squaring off against billionaire Carl Icahn, an activist investor who is Cheniere’s biggest shareholder, with more than an 8 percent stake.
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.
EIA: The U.S. will be a net natural gas exporter by 2040, even with the most conservative projection
The U.S. could be exporting anywhere between 0.2 trillion cubic feet and 10.3 trillion cubic of liquefied natural gas by 2040, according to the latest government projection.
The facility, which would be able to process as much as 15 million metric tons of liquefied natural gas annually, is the first proposed greenfield export project — one that wouldn’t be built on the footprint of existing LNG infrastructure — to make it this far.
In its decision, the Federal Energy Regulatory Commission concluded that the project would minimize potential adverse impacts on landowners and the environment.
Although gasoline prices have tumbled to four-year lows, that isn’t stopping lawmakers on Capitol Hill from exploiting concerns about high energy costs ahead of the mid-term elections.
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.