FERC Gives Positive Review To Sabine Pass LNG Berth Expansion
The US Federal Energy Regulatory Commission (FERC) issued a positive environmental assessment for a marine berth expansion project at Cheniere’s Sabine Pass LNG export terminal in Louisiana. The project should allow Cheniere to add 180 LNG cargoes annually, increasing the total number of cargoes shipping from the facility to 580 per year.
FERC determined in an environmental assessment that the approval of a third berth expansion project would not have major environmental impacts if the developer complied with recommended construction and mitigation measures.
Cheniere proposed to build the new berth at the existing Sabine Pass LNG terminal. The terminal currently has a single marine basin with two vessel berths, each capable of supporting LNG carriers up to 266,000 cbm. The project would also include an LNG loading system.
Sabine Pass LNG said the project will accommodate an increased number of carriers arriving at the terminal. The expansion would help minimize delays caused by adverse weather or ship traffic and allow for LNG production optimization by removing bottlenecks associated with LNG loading and marine constraints.
In June, Cheniere reached final investment decision on the sixth liquefaction train at Sabine Pass. Cheniere entered into five-year, $1.5 billion senior secured credit facilities with 29 banks and financial institutions to help fund a portion of Train 6. Cheniere completed commissioning of Train 5 in March.
Elba Island LNG To Be Fully Operational By Mid-2020
Kinder Morgan, the majority owner and operator of the Georgia export terminal, said the oft-delayed project should have all 10 trains running by the first half of next year.
Santos Acquires ConocoPhillips's 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.
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08 October 2019
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