The companies have entered into a long-term gas supply agreement, where Tourmaline will to sell 140 000 million Btu/d of natural gas to Corpus Christi Stage III for a term of 15 years.
EIA discusses the Global LNG market in 2020 and ‘The LNG Industry: GIIGNL Annual Report 2021’ released by the International Group of Liquefied Natural Gas Importers.
Tellurian Inc. has announced that its wholly owned subsidiary Driftwood LNG LLC has exercised its long-term lease option.
Despite this, the company’s report also states that strong demand has meant record exports for the country.
According to the EIA, both natural gas consumption by the US electric power sector and natural gas exports reached record highs in 2020.