Repsol CEO Vows Legal Action to Secure LNG Cargoes in Dispute with Venture Global
10/18/2023
(Reuters) — Spanish energy giant Repsol SA will take action against US gas exporter Venture Global LNG to obtain LNG cargoes under a long-term contract, the company's chief executive said on Wednesday.
Repsol is among several Venture Global LNG customers that filed contract arbitration cases against the U.S. firm over its failure to make contract cargoes available from its Calcasieu Pass, Louisiana, plant, Reuters has reported.
"We are going to defend our legal rights," CEO Josu Jon Imaz said on the sidelines of the Energy Intelligence Forum in London. It was the first time the Spanish company has said it is considering court action to obtain the LNG cargoes.
Related News
Related News
Sign up to Receive Our Newsletter
- Trump Puts Keystone XL Pipeline Back in Discussion, Though Revival Faces Developer Resistance
- Army Corps Lists Enbridge’s Line 5 as ‘Emergency’ Project Eligible to Bypass Environmental Review
- Missouri Loses Control Over 1.5 Million-Mile Gas Pipeline Network as Feds Step In
- Energy Transfer Wins New York Court Ruling in $150 Million Pipeline Fraud Case
- $3 Billion Natural Gas Pipeline Expansion to Add 1.3 Bcf Capacity in Southeast Region
- Kinder Morgan Approves $1.4 Billion Mississippi Crossing Project to Boost Southeast Gas Supply
- Army Corps Lists Enbridge’s Line 5 as ‘Emergency’ Project Eligible to Bypass Environmental Review
- India’s GAIL Eyes U.S. LNG Deals Following Trump’s Policy Shift
- TC Energy Beats Q4 Profit Estimates, Driven by Mexico Pipelines' Success
- Michigan Court Backs Permits for Enbridge’s Line 5 Pipeline Tunnel Project
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