Cheniere Mulls Third Liquefaction Train at Corpus Christi
U.S. liquefied natural gas (LNG) company Cheniere Energy Inc said it planned to make a final investment decision to build the third liquefaction train at its Corpus Christi LNG export facility in Texas in the first half of 2018:Cheniere said on Friday its Cheniere Corpus Christi Holdings LLC subsidiary engaged financial institutions to arrange up to $6.4 billion of credit facilities. The unit already has about $4.6 billion of existing credit facilities.Cheniere said it will use the credit facilities to fund a portion of the costs of developing…
Cheniere's LA Sabine Pass LNG Output Dips
The volume of gas flowing into the facility dropped from about 3.2 billion cubic feet per day on Wednesday to 2.8 bcfd on Thursday and a projected 1.5 bcfd on Friday, Reuters data showed. One bcfd is enough gas to fuel about five million U.S. homes. The plant had been operating near full capacity with about 3.2 bcfd of gas flowing in since mid-January when freezing water during a brutal cold snap forced the company to briefly reduce operations. Officials at Cheniere would not comment on the latest reduction. Earlier this week, the company said its operations were not affected following an order on Feb. 8 from federal regulators to shut two cracked storage tanks that leaked the super-cold fuel.
Report: Repsol YPF, Gas Natural to Tender Contract for Five LNG Ships
Repsol YPF SA and its affiliate Gas Natural SDG SA plan shortly to put out for tender a contract to build a fleet of five ships for transporting liquid natural gas, Cinco Dias reported, citing unnamed maritime sector sources. According to the newspaper, the 25-year contract will be worth some one billion Euro and is the largest ever gas transport contract awarded in Spain and one of the biggest in the world. Spanish shipbuilders Maritima del Norte and Elcano are expected to bid for the contract as well as Norway's Knutsen. (Source: www.forbes.com)
