Subscribe free to our newsletters via your
. GPS News .




OIL AND GAS
Export nod triggers Texas LNG construction
by Daniel J. Graeber
Houston (UPI) May 14, 2015


disclaimer: image is for illustration purposes only

After a federal export nod, Cheniere Energy, a liquefied natural gas pioneer, said it would proceed with construction of the first of two facilities in Texas.

The federal government this week gave the company's Corpus Christi, Texas, operational consent to send natural gas to countries that don't have a free-trade deal with the United States. A special permit is needed to send LNG to non-FTA countries and the Energy Department said the amount of exports sent from the plant would not violate the public's interest.

Cheniere in response said it made the final investment decision to proceed with the construction of the first of two so-called liquefaction trains, which processes gas into liquids. The company said its Corpus Christi plant is designed for up to three trains that could produce as much as 13.5 million tons of LNG per year.

"The first train is expected to start operations as early as 2018, with the second train expected to commence operations approximately six to nine months thereafter," the company said in a statement.

Cheniere in mid-December said it reached out to more than a dozen financial institutions to help arrange the estimated $11.5 billion needed to pay for the cost of developing the Corpus Christi project.

The company last year secured customers for gas sourced from the Texas plant. EDF, the largest gas company in Portugal, signed up for around 8.4 million tons per year from the project. Following U.S. government approval, Australian energy company Woodside Petroleum said conditions related to a July agreement are satisfied. Woodside confirms it's set for the purchase of 850,000 tons of LNG per year from the plant.

Supporters of LNG exports say it would provide a source of domestic economic stimulus and increase U.S. leverage overseas, while detractors fret over the perceived environmental threats posed by the subsequent increase in hydraulic fracturing.

A federal report found the increase in U.S. natural gas production could support as much as 80 percent of the potential increase in demand resulting from the increased LNG exports.


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


.


Related Links
All About Oil and Gas News at OilGasDaily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News





OIL AND GAS
LNG slated for U.S. exports
Washington (UPI) May 13, 2015
A plant in Texas is authorized to send liquefied natural gas to countries that don't have a free-trade deal with the United States, the federal government said. The Energy Department gave authorization to the Corpus Christi Liquefaction Project to export LNG sourced from domestic reserves to countries that don't have free-trade deals. The plant is approved to export as much as 2.1 billi ... read more


OIL AND GAS
Fungi enhances crop roots and could be a future 'bio-fertilizer'

Human security at risk as depletion of soil accelerates, scientists warn

Low-allergen soybean could have high impact

Startup turns old shipping containers into farms

OIL AND GAS
Putting a new spin on plasmonics

The next step in DNA computing: GPS mapping

3-D microbattery suitable for large-scale on-chip integration

Tuning up Rydberg atoms for quantum information applications

OIL AND GAS
Airbus continues A400M tests, crash victims honoured

Black boxes of crashed A400M plane found, aircraft grounded

France, India pledge swift conclusion to fighter jet deal

Touch sensors on bat wings guide flight

OIL AND GAS
Google self-driving cars not crash-proof

Tesla to adopt domestic charging standards in China

China auto sales down 0.5% in April: industry group

Switzerland's first driverless car hits Zurich roads

OIL AND GAS
Japan current account surplus surges in March

Chinese Premier Li to visit South America: Beijing

Indian PM Modi leaves for China with trade on mind

Chinese turn Paris suburb into Europe's biggest fashion market

OIL AND GAS
Citizen science helps predict spread of sudden oak death

Forests could be the trump card in efforts to end global hunger

Forest canopies buffer against climate change

Partially logged rainforests emitting more carbon than previously thought

OIL AND GAS
Mischief makers prompt Google to halt public map edits

Volcano Loki observed from Earth

NASA Aids Response to Nepal Quake

Dull forest glow yields orbital tracking of photosynthesis

OIL AND GAS
Rice scientists use light to probe acoustic tuning in gold nanodisks

Chemists strike nano-gold with 4 new atomic structures

New technique for exploring structural dynamics of nanoworld

Nanotubes with 2 walls have singular qualities




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.