US LNG news
Gazprom hopes China will buy US LNG, not Europe
After the signing of a trade deal between Washington and Beijing, Gazprom is hopeful that China will purchase the majority of US-produced LNG cargoes, not Europe.
Texas LNG receives authorisation to export LNG to non-FTA countries
Texas LNG Brownsville LLC has announced that it has received authorisation from the US Department of Energy to export LNG to non-FTA countries.
Rio Grande LNG receives non-FTA export authorisation
NextDecade Corp. has announced that it has received authorisation from the US Department of Energy to export LNG from its Rio Grande LNG facility to non-free trade agreement countries.
New Fortress Energy signs long-term LNG supply agreement
New Fortress Energy LLC has announced that it has signed a long-term supply agreement for the purchase of 27.5 million Btu/yr of LNG at a price indexed to Henry Hub through January 2030.
Chinese LNG demand set to be slashed by Coronavirus
According to Rystad, the Coronavirus is set to slash Chinese LNG demand, however the removal of the US LNG tariff could save the day.
US LNG share prices fall amid Chinese demand slump
US LNG company share values have declined as China has begun suspending purchases amid weaker demand and record low spot prices.
Cheniere continues supplying LNG to China
According to Reuters, an executive at Cheniere has revealed that the company’s sole Chinese contract customer continues to take committed LNG supplies.
Matrix Service reports 2Q20 results
Matrix Service Co. has reported financial results for its second quarter of fiscal 2020.
Cheniere to ring NYSE Opening Bell in celebration of 1000th LNG cargo
Cheniere Energy, Inc. has announced that Jack Fusco, President and Chief Executive Officer, along with other members of the Cheniere management team, will ring the New York Stock Exchange Opening Bell on 5 February 2020 in celebration of a recent milestone.
Petronet LNG and Tellurian to sign US$2.5 billion agreement
According to Reuters, Petronet LNG and Tellurian Inc. are set to sign a deal worth US$2.5 billion during President Donald Trump’s trip to New Delhi, India, this month.