You are Trying to View a Free ArticleDaily News You Can't Find Anywhere Else
Cheniere Energy's Sabine Pass LNG Train 6 Could be First of Many to Reach Approval in 2019, an Industrial Info Market Brief
Industry Segment: Production | Word Count: 150 Words
With another long-term deal in place, Cheniere Energy appears to be on track to approving Train 6 at Sabine Pass in 2019. Cheniere's latest deal is with Petronas LNG Ltd. (PLL) for 1.1 million tonnes per annum (MTPA) over 20 years on a free-on-board-basis. Train 6 likely will be the first of several expected positive financial investment decisions to occur in the next year and a half.
A shortage of liquefied natural gas (LNG) supplies is approaching by 2023, and buyers are expected to finally start signing long-term contracts. There are five projects in the U.S. and Canada with full permitting secured and can focus on marketing output.
Subscribe Now! All Fields Required...
- Schlumberger, Tellurian: Your Daily Energy News
- Does the Thunder Horse Discovery Spell More Capex in the Gulf of Mexico? An...
- Be Sure to RSVP for Industrial Info's Market Outlook & Networking Event in ...
- Crude Oil Prices Still Soft, Despite Production Cuts from OPEC, Russia, Sau...
- Oil & Gas Companies Develop NOAKA Prospect, an Industrial Info Market Brief
- Current Economic Indicators
- Free Daily Industrial Articles
- Monthly Industrial Newsletter
- IIR's Disaster Impact Tracker