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A roundup of news and commentary from the global gas market
- Argent LNG LLC is moving forward with the FERC pre-filing process for its 20 million metric tons/year proposed LNG export facility in Louisiana after selecting an engineering, procurement and construction firm.
- Argent LNG tapped Australia-based Worley to handle early design and engineering work for a liquefied natural gas terminal at the Port of Fourchon southwest of New Orleans. The firm also disclosed it has signed a long-term lease for a 144-acre project site at the port.
- Chiyoda Corp. disclosed it has revised down its estimates for income from the Golden Pass LNG project as a result of Zachry Industrial Inc.’s bankruptcy. The Japanese firm informed shareholders it has been working on a restructured contract with Golden Pass and its other joint venture partners since April, but it won’t fully update its financial results until after Zachry leaves the partnership.
- A unit of Shell plc and units of Energy Transfer LP have delivered their proposed orders to the administrative court handling a case to determine how information about Venture Global LNG Inc.’s Calcasieu Pass (CP) project will be shared. The Federal Energy Regulatory Commission referred the case to an administrative judge earlier in the month after CP contract holders requested non-public information about the project.
- Shell’s lawyers said the company has been working with counsel for Venture Global and other participants in the case, but it “has not yet been able to sufficiently clarify all points in the different proposed protective agreements” from each party. FERC previously agreed that the CP offtakers and other interveners required more information to respond to Venture Global’s request for an extension of the project’s commissioning timeline.
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