US LNG news
EIA: LNG sale and purchase agreements signed in 2023 support US LNG projects
According to analysis by the U.S. Energy Information Administration, developers advanced three LNG projects to the construction phase in 2023, following the signing of sale and purchase agreements underpinning the projects.
Tellurian explores sale of Haynesville upstream assets
Tellurian Inc. has asked its financial advisor, Lazard, to explore opportunities for the sale of its upstream business.
Sempra Infrastructure and Japan Bank for International Cooperation to develop strategic collaboration
Sempra Infrastructure, a subsidiary of Sempra, has entered into a memorandum of understanding with the Japan Bank for International Cooperation to co-operate on opportunities to advance the energy transition.
North America leads global long-term LNG contracts signed in 2023, finds GlobalData
North America has led globally in terms of the number of long-term contracts signed in 2023 for the export of LNG with 21 contracts, according to GlobalData.
Industry groups back ‘Unlocking our Domestic LNG Potential Act’
Energy Workforce & Technology Council joined the Independent Petroleum Association of America, US Oil and Gas Association, National Ocean Industries Association, Texas Alliance of Energy Producers, and Gulf Energy Alliance in urging Congress to take immediate legislative action to counter the Biden Administrations’ recent decision to halt LNG Permits.
Wood Mackenzie: Long-term pause in new US LNG investment could transform market
According to Wood Mackenzie, President Biden’s order to temporarily pause the approval of new US LNG export projects right to export to non-FTA countries will not affect its forecast for US LNG exports out to 2028, but could affect the trajectory and pace of the sector’s growth after that.
Glenfarne’s Texas LNG updates commercial status
Glenfarne Energy Transition’s Texas LNG has received its Section 10 and Secticon 404 permits
Chesapeake Energy Corp. and Southwestern Energy agree to merge
Chesapeake Energy Corporation and Southwestern Energy Company have entered into an agreement to merge in an all-stock transaction valued at US$7.4 billion.
Williams acquires strategic Gulf Coast natural gas storage portfolio
Williams has reached an agreement to acquire a portfolio of natural gas storage assets from an affiliate of Hartree Partners LP for US$1.95 billion.
Trillion dollar LNG stocktake: five countries plan 75% of new export capacity, 90% of new import capacity lined up for Asia and Europe
Global LNG project developments spurred on by Russia's invasion of Ukraine materialised this year, as the US and Qatar solidified their positions as top developers of export capacity, whilst Asian and European countries scrambled for new import capacity, according to a report from Global Energy Monitor.