Cheniere Energy News

US LNG Exports Fall for Fourth Straight Month

U.S. exports of liquefied natural gas (LNG) fell for a fourth consecutive month to 6.19 million metric tons in April from 7.61 million in March on production outages, preliminary data from financial firm LSEG showed on Wednesday.Recurring mechanical problems have hit Freeport LNG, the second largest U.S. plant by capacity. Last month, the Quintana, Texas, terminal exported five cargoes for a total of 330,000 tons, compared to 21 cargoes and 1.42 million tons in December.Since mid-January, the plant has been operating without at least one of its three gas-processing trains.

US LNG Exports Through Panama Canal Shrink, Asia-Europe Spreads Widen

The number of U.S. liquefied natural gas (LNG) vessels transiting the Panama Canal to Asia halved in November compared with a year ago as Asia prices for the gas this week traded at their steepest premium to European prices in nearly two years.A severe drought has cut vessel traffic through the canal, increasing costs for shippers that take alternative routes or pay extra fees for auctioned slots in Panama. Further restrictions on canal transits likely will put more cargoes on lengthier routes…

FOCUS-How Shipping More US Natural Gas to Europe Helped Fuel CO2 Pollution

Carbon dioxide emissions from U.S. liquefied natural gas facilities have jumped to 18 million tons per year, up 81% since 2019, adding a volume of greenhouse gas to the atmosphere equivalent to that produced by several big coal plants, according to United States government data.They could more than double to 45 million tons per year by the end of the decade as new facilities, encouraged by soaring overseas demand for the super-cooled fuel, come online, according to company projections provided to the U.S.

US October LNG Exports Climb to Second Highest Level on Record

U.S. liquefied natural gas (LNG) producers ramped up exports in October, to 7.92 million metric tons, according to data provider LSEG, the second-highest monthly level on record.Exports were just shy of the record 8.01 million metric tons in April this year, and were up from 7.12 million metric tons in September, when plant maintenance reduced U.S. production.The U.S. was the world's largest exporter of LNG in the first half of this year, according to the Energy Information Agency, ahead of Qatar and Australia.

US LNG Exports Slip in August

U.S. exports of liquefied natural gas (LNG) fell in August as some processing plants reduced output and a heat wave increased gas demand for power, leaving less gas available for LNG production, according to vessel monitoring data and analysts.Above-normal temperatures and drought hit the U.S. Southwest last month, triggering record electricity demand and forcing providers to ask users to voluntarily reduce consumption. Maintenance outages also curbed processing at two Cheniere Energy facilities: Sabine Pass in Louisiana and Corpus Christi in Texas.Gas supply to the seven largest U.S.

Drought-hit Panama Canal Lets More Unbooked Ships Pass in bid to Ease Queue

The drought-hit Panama Canal has temporarily limited the number of new reserved passage slots to help ease a bottleneck of ships that are waiting to transit without reservations, the waterway's authority said on Thursday.A logjam of commercial vessels seeking to pass through the canal, one of the world's busiest trade passages, has sent companies that typically use the waterway chasing alternative routes, according to executives and data.Any delay or disruption can put shippers on edge.

Cheniere Shunning Panama Canal for Longer LNG Routes to Asia

Top U.S. LNG exporter Cheniere Energy LNG.A is shunning the Panama Canal to transport liquefied natural gas to Asia because the market is not supporting use of the waterway, said Chief Operating Officer Corey Grindal on Monday.The Panama Canal historically has been used by U.S Gulf Coast LNG exporters to send LNG to Asian customers via the Pacific Ocean. But a months-long drought has led to delays and depth restrictions for the largest ships accessing the canal."We use the canal when it is economical to do so, right now it is not.

Cheniere Energy Returns Louisiana LNG Export Plant to Full Production

Cheniere Energy Inc's Sabine Pass LNG export facility returned to full production this week after undergoing maintenance, data from Refinitiv showed.The increased production is expected to help third quarter exports of U.S. liquefied natural gas (LNG) which fell in May to 7.66 million tonnes from a record 8.01 million tonnes in April, as plant maintenance curbed some output.The Louisiana-based export facility started reducing its natural gas consumption on June 1 when it fell to 3.77 billion cubic feet per day (bcfd) from 4.56 bcfd on May 31…

US Permit Crackdown Poses New Hurdles for Proposed LNG Projects

The U.S. Department of Energy's refusal to grant export permit extensions to liquefied natural gas (LNG) developers that fail to meet a construction deadline poses a new hurdle for greenfield plants, analysts said on Thursday.The DOE last month said it would grant future extensions solely on extenuating circumstances and rejected an extension for Energy Transfer's proposed Lake Charles LNG project.The change will fall heavily on firms without a track record and available financing, analysts said.Around a dozen LNG projects in the U.S.

Wave of New LNG Export Plants Threatens to Knock Gas Prices

A flood of liquefied natural gas (LNG) export projects due online worldwide in mid-decade will vie against lower-cost renewable energy and a revived nuclear power sector, which could rock gas prices and hurt some proposed projects, analysts say.Proposed and approved new LNG plants would boost LNG supply by 67% increase to 636 million tonnes per annum (mtpa) by 2030 from 2021 levels, potentially saturating the gas market."There's over a trillion dollars of natural gas infrastructure being built in the world today.

Asia Demand to Drive Cheniere's LNG Shipments this Year

Cheniere Energy expects to ship more liquefied natural gas (LNG) to Asia this year, after European customers took the lion's share of its 2022 cargoes, an official said on Monday.The top U.S. exporter of LNG shipped a total of 638 cargoes last year, with slightly over 70% delivered to Europe, Chief Operating Officer Corey Grindal said at the CERAWeek energy conference.Cheniere last year gave the financial go ahead for an expansion of its Corpus Christi, Texas, liquefaction plant and has sought an early environmental review with federal regulators for an expansion at its Sabine Pass…

US LNG Producers Poised to Leapfrog Rivals with Three New Projects

At least three proposed U.S. liquefied natural gas (LNG) export plants have likely found enough customers to receive financial approvals this year, according to Reuters calculations, developments that would make the country the world's largest LNG exporter for years to come.After a dearth of plant approvals last decade, developers have secured dozens of long-term contracts to finance new multibillion-dollar LNG plants. The pace of approvals has accelerated as Europe has shifted…

Freeport LNG Restart Delay Causes Vessels to Seek Other Ports

A few liquefied natural gas (LNG) vessels have turned away from the Freeport LNG export plant in Texas over the past few days on expectations the plant's restart will be delayed until December or later, according to ship tracking data from Refinitiv.Federal pipeline safety regulators on Tuesday released a heavily redacted consultant's report that blamed inadequate operating and testing procedures, human error and fatigue for the June 8 explosion that shut the Freeport plant.Freeport had not yet submitted a request to resume service to the Department of Transportation's Pipeline and Hazardous Materials Safety Administration (PHMSA) as of earlier this week.

Freeport LNG to Miss Restart Target for Fire-damaged Texas Export Plant

The owner of the second-largest U.S. liquefied natural gas (LNG) export plant has not yet provided regulators with a final repair plan, according to a person familiar with the matter, likely pushing any restart into the first quarter of next year.The outage since a fiery explosion in June has underscored the global demand for new gas supplies and required major LNG traders and customers of the roughly 16 million tonne per year processing facility to buy replacement cargoes at huge markups.Freeport LNG had pledged in August to restart gas-processing by early to mid-November…

Cheniere to Fix Louisiana LNG Plant After Failing Pollution Test

Top U.S. LNG exporter Cheniere Energy Inc said it will repair and replace equipment at its Louisiana terminal after tests showed it exceeded newly-imposed hazardous emissions limits on certain known carcinogens, but the work will have no material impact on operations.A round of testing showed at least one of Cheniere's turbines at its liquefied natural gas (LNG) export terminal in Louisiana failed the new standards, while the turbines in Texas at the company's only other U.S.

US Becomes Top LNG Exporter in First Half of 2022 -EIA

The United States became the top liquefied natural gas (LNG) exporter in the first half of 2022, the Energy Information Administration (EIA) said, citing data from CEDIGAZ, as the country increased supply to Europe amid the Ukraine crisis.U.S. LNG exports rose 12% to average 11.2 billion cubic feet per day (bcfd) in the first half of the year compared with the second half of 2021, the EIA said. Increased LNG export capacity, higher prices, and demand, particularly from Europe…

Cheniere Asks Biden Admin to Drop Pollution Rule

Cheniere Energy Inc has asked the Biden administration to exempt it from limits on emissions of cancer-causing pollutants, arguing they would force the top U.S. exporter of liquefied natural gas to shut for an extended period and endanger the country's efforts to ramp up supplies to Europe, according to documents reviewed by Reuters.The request imposes an uncomfortable dilemma on President Joe Biden’s administration as it tries to balance efforts to slash pollution from the fossil…

Tankers Divert to Trinidad, Maryland After Freeport LNG Blast

At least six tankers set to load liquefied natural gas (LNG) at Freeport LNG this month have been diverted following the June 8 blast that shut the Texas facility, Refinitiv Eikon vessel tracking data showed.A partial restart of the Quintana, Texas, plant is not expected until at least September, the company said last week, leaving about 40 cargoes to be canceled or re-scheduled. The loss has European LNG buyers and some U.S. shale producers reeling, while rivals Cheniere Energy and Sempra LNG rush to produce more LNG to offset the losses.Freeport accounts for roughly 20% of U.S. LNG processing capacity, drawing 2.1 billion cubic feet per day (bcfd) of natural gas, primarily from U.S. shale fields.

U.S. LNG Exports Drop. Europe Remains Top Destination

U.S. exports of liquefied natural gas (LNG) fell about 8% last month, according to preliminary Refinitiv vessel tracking data on Monday, but Europe remained the top importer as the continent secures alternate supply following Russia's invasion of Ukraine.U.S. LNG exports to all destinations came to about 7.10 million tonnes (MT) last month, according to Refinitiv, down from a record high 7.67 MT in March.Europe was the top importer of U.S. LNG for a fifth straight month, taking about 64% of U.S. exports, according to the data.

US Approves More Exports from Major LNG Terminals

The Biden administration said on Wednesday it had authorized additional exports of liquefied natural gas from two major facilities on the U.S. Gulf Coast, in a move that could help Europe deal with an energy crunch worsened by Russia's invasion of Ukraine.The Department of Energy (DOE) issued approvals allowing major supplier Cheniere Energy to export the equivalent of 0.72 billion cubic feet per day (bcfpd) of the supercooled fuel from its Sabine Pass, Louisiana and Corpus Christi…

US Met More Than a Quarter of European LNG Demand Last Year

The United States last year became Europe’s largest source of liquefied natural gas (LNG), the U.S. Energy Information Administration (EIA) said on Tuesday.The United States this year became the world's largest LNG exporter by capacity here, exceeding Australia and Qatar, because of its development of new LNG processing plants and ample natural gas from shale reservoirs.Of LNG imported by European Union member countries and the United Kingdom last year, 26% came from the United States…

Feed to US LNG Export Plants Soars

Supplies to U.S. liquefied natural gas export plants reached near record levels over the weekend as vessels docked for loading at all seven export terminals for the first time, according to Refinitiv.Venture Global received permission on Friday from federal energy regulators to load LNG on the first commissioning vessel at its Calcasieu Pass export plant in Louisiana. The Yiannis tanker will likely be the first vessel to pick up a cargo from the facility, according to data from Refinitiv.On Saturday…

Cheniere Asks for More Time to Build Texas Corpus LNG Expansion

Top U.S. liquefied natural gas (LNG) exporter Cheniere Energy Inc asked federal regulators to extend the amount of time it has to build the proposed Stage 3 expansion at its Corpus Christi LNG export plant in Texas due to pandemic delays.When the U.S. Federal Energy Regulatory Commission (FERC) approved construction of Stage 3 in November 2019, the regulator gave Cheniere five years, or until around November 2024, to complete the project.Cheniere asked FERC in a filing late Tuesday…