US LNG news

Cheniere has announced that its subsidiaries, Sabine Pass Liquefaction and Cheniere Marketing, have each entered into long-term LNG Sales and Purchase Agreements with Chevron.

The HOA is for the long-term supply of LNG from Sempra Infrastructure’s Gulf Coast LNG portfolio of projects under development in North America.

An incident occurred at the company’s liquefaction plant on Quintana Island that resulted in the release of LNG, leading to the formation and ignition of a natural gas vapour cloud and a subsequent fire at the facility.

Equinor and Cheniere have announced a 15-year purchase agreement of approximately 1.75 million tpy of LNG starting from 2026.

During the first four months of 2022, the US exported 74% of its LNG to Europe, compared with an annual average of 34% last year, according to EIA.

Under the SPA, Energy Transfer LNG will supply 0.7 million tpy of LNG to China Gas on a FOB basis.

The US is expected to lead the global LNG liquefaction capacity additions, contributing 57% of the total LNG liquefaction capacity additions between 2022 - 2026, says GlobalData.

Cameron LNG Phase 1 and proposed Phase 2 export projects will potentially serve as the anchor source for the Hackberry Carbon Sequestration project.

The US$13.2 billion project financing formally sanctions the first domestic US LNG export project to reach financial close since Venture Global’s Calcasieu Pass.

Sempra Infrastructure is to supply LNG from its Port Arthur LNG Phase 1 project to RWE.