US Dept of Energy Grants Export License to Gulfstream LNG
7/2/2023
(Reuters) — Gulfstream LNG Development has received an export authorization from the U.S. Department of Energy to advance its proposed LNG export plant in Louisiana, the company said on Friday.
The Free Trade Agreement (FTA) approval is part of the regulatory hurdles for the approximately 4 million tonnes per annum (MTPA) Gulfstream LNG project. The firm also signed a term-sheet with a gas transportation company.
“Our DOE approval to export LNG to FTA countries and our execution of the gas supply transportation preliminary agreement are important milestones in progressing the Gulfstream LNG project,” said Chief Executive Vivek Chandra.
The company said it also expects to receive non-FTA approval once its FERC application has progressed.
Related News
Related News
Sign up to Receive Our Newsletter
- Phillips 66 to Shut LA Oil Refinery, Ending Major Gasoline Output Amid Supply Concerns
- FERC Sides with Williams in Texas-Louisiana Pipeline Dispute with Energy Transfer
- U.S. Appeals Court Blocks Kinder Morgan’s Tennessee Pipeline Permits
- ConocoPhillips Eyes Sale of $1 Billion Permian Assets Amid Marathon Acquisition
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
- U.S. Appeals Court Blocks Kinder Morgan’s Tennessee Pipeline Permits
- Malaysia’s Oil Exports to China Surge Amid Broader Import Decline
- U.S. LNG Export Growth Faces Uncertainty as Trump’s Tariff Proposal Looms, Analysts Say
- Marathon Oil to Lay Off Over 500 Texas Workers Ahead of ConocoPhillips Merger
- Valero Considers All Options, Including Sale, for California Refineries Amid Regulatory Pressure
Pipeline Project Spotlight
Owner:
East African Crude Oil Pipeline Company
Project:
East African Crude Oil Pipeline (EACOP)
Type:
TotalEnergies in discussions with a Chinese company after Russian supplier Chelpipe was hit by sanctions.
Length:
902 miles (1,443 km)
Capacity:
200,000 b/d
Start:
2022
Completion:
2025
Comments