US LNG news
NextDecade and Enbridge sign agreement regarding the sale of Rio Bravo Pipeline Company
Enbridge Inc. has entered into a definitive agreement whereby it will acquire Rio Bravo Pipeline Co., LLC from NextDecade Corp.
US interested in Portuguese port expansion
According to Reuters, US Energy Secretary Dan Brouillette has said that US companies are interested in expanding Portugal’s deepwater port of Sines, due to its strategic position to receive US LNG exports.
Annova LNG receives authorisation for non-FTA exports
Annova LNG has announced that it has received authorisation from the US Department of Energy to export LNG to nations where the US does not have a free trade agreement.
China likely to shun US LNG despite multi-billion trade deal
Rystad Energy is expecting LNG trading between the US and China to remain low, despite also predicting that tariffs on trade between the two countries will be removed in the near future.
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.