Feds Green-Light Driftwood and Port Arthur LNG Exports
The US Department of Energy signed two long-term orders authorizing the export of domestically produced LNG from Tellurian Inc.’s Driftwood LNG export facility to be built in Calcasieu Parish, Louisiana, and Sempra Energy’s Port Arthur LNG export project to be built in Port Arthur, Texas.
Under the orders signed 2 May, Driftwood and Port Arthur are authorized to export up to 3.88 and 1.91 Bcf/D of natural gas as LNG, respectively, to any countries that do not have a free trade agreement with the US and that are not prohibited under US law or policy.
Driftwood and Port Arthur each received authorization to site, construct, and operate their projects from the Federal Energy Regulatory Commission on 18 April.
The US Energy Information Administration expects a continued increase in domestic natural gas production, with an average dry natural gas production rate of 91 Bcf/D in 2019 and 92.5 Bcf/D in 2020, both new records.
Santos Acquires ConocoPhillips Australian Assets for $1.39 Billion
The deal for ConocoPhillips’s northern Australian portfolio will help the Australian company boost its position in the country’s gas market, as it gains majority ownership in a set of key assets including Darwin LNG and the Barossa project.
Total Expands Partnership With Adani on India’s Gas Market
The agreement—in which Total will reportedly pay $600 million for a 37.4% stake in the Indian gas conglomerate—boosts the supermajor’s LNG market access in India and neighboring countries. It is the latest move in Total’s aggressive expansion of its LNG portfolio.
FERC Delays Jordan Cove Environmental Review
The US Forest Service, which is working with FERC to prepare the review of the export terminal off the Oregon coast, said it only recently received critical information needed to complete amendments to its land and resource management plans. First gas is scheduled for 2025.
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