Released December 19, 2018 | SUGAR LAND
en
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.
See table below for the list of projects with Federal Energy Regulatory Commission (FERC) approvals in place and another 12 that have reached the Formal FERC application process, the final step in permitting before a financial investment decision (FID) can be achieved.
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.
See table below for the list of projects with Federal Energy Regulatory Commission (FERC) approvals in place and another 12 that have reached the Formal FERC application process, the final step in permitting before a financial investment decision (FID) can be achieved.
