Three companies developing liquefied natural gas (LNG) projects in Texas and Louisiana said they will move full speed ahead with their plans after U.S. President Donald Trump lifted the previous administration's freeze on export permits.
LNG exporter Venture Global slashes IPO price range
The U.S. has extended the comment period on a federal study of the economic and environmental impacts of the booming liquefied natural gas (LNG) export business after advisers had urged President Donald Trumpto take a patient approach to prevent approvals from getting overturned in court.
U.S. President Donald Trump has ended the moratorium on new liquefied natural gas export permits imposed by his predecessor Joe Biden in January 2024.
One of the president’s executive orders offers a new path for getting a gas development across the finish line.
Venture Global is now seeking a more reasonable valuation of about $65 billion, versus earlier plans for about $110 billion.
Former Trump Energy Secretary Rick Perry on President Trump's sweeping energy agenda and the challenges winter storms could pose to Texas' power grid.
Brokers are quoting levels for 174,000-cbm vessels lifting cargoes out of the US to Europe at $9,000 per day on a round trip voyage basis — a record low for modern vessels of this type. This is down from an already weak $22,000 per day seen at the start of this year. A Vitol relet is being reported as fixed to Petronas UK at around $9,000 per day.
The United States is now supplying liquefied natural gas to Ukraine, a move implemented in the final days of the Biden Administration.
Two of the diverted cargoes were now heading for Turkey, according to ICIS. That allowed import terminals there and in Greece to turn the LNG back into gas “then send it onwards through pipeline into south-east Europe, the area most affected by the end of Ukrainian transit flows”.
Indonesia is prioritizing domestic natural gas demand, leading to delays in LNG exports and tightening the global LNG market.
"Portugal to increase LNG purchases from US, Nigeria, reduce Russian imports" was originally created and published by Offshore Technology, a GlobalData owned brand.