Articles tagged Offtake

Feed gas nominations to the Freeport LNG Development LP facility were revised down Wednesday and Gulf South Pipeline Co. LLC issued a failure to take notice, indicating the facility may have experienced another operational issue, according to Wood Mackenzie pipeline data.

Freeport LNG Development LP had nominated more feed gas Tuesday in an indication that the plant is ramping up a day after a spokesperson said the facility would return to service in phases after it was damaged last week by former Hurricane Beryl.

A roundup of news and commentary from NGI’s LNG Insight

Energy Transfer LP said the “extremely competitive” environment for long-term LNG contracting has meant slower progress toward a final investment decision (FID) on its proposed Louisiana export project, but the firm is making progress and could announce new deals soon.

Mexico Pacific Limited LLC (MPL) and ExxonMobil LNG Asia Pacific have signed two long-term offtake agreements for MPL’s Saguaro Energía liquefied natural gas export terminal proposed for Puerto Libertad in Mexico’s Sonora State.

A roundup of news and commentary from NGI’s LNG Insight 

Plans to develop a liquefied natural gas (LNG) export facility on Mexico’s west coast are moving steadily forward as the project is garnering more interest from potential offtakers in Asia.

Units of Russia's Gazprom and Pangea LNG B.V. have struck a tentative 20-year offtake agreement for the sale of liquefied natural gas (LNG) to be produced from a floating facility sourcing gas from the Tamar and Dalit fields offshore Israel. The terminal, if constructed, would be the world's first project-financed floating LNG (FLNG) facility.

A major liquefied natural gas (LNG) player last week increased its planned offtake from a proposed liquefaction facility in Louisiana while another recently won a local approval in Texas for a new liquefaction facility on the Gulf Coast.

The Federal Trade Commission (FTC) has approved the proposal of Norway's Statoil ASA, which already has significant holdings in the Marcellus and Eagle Ford shales, to acquire Austin, TX-based independent Brigham Exploration Co., which would give it access to the Williston Basin's Bakken and Three Forks oily formations.