The EIA projected that gas consumption would rise to 84.27 Bcf/d in 2022 from 82.92 Bcf/d in 2021 before sliding to 83.85 Bcf/d in 2023. That compares with a record 85.29 Bcf/d in 2019.
The project is expected to be placed in service in the first quarter of 2023.
Russian forces crossing into Ukraine would trigger a shutdown of the Nord Stream 2 gas pipeline, said U.S. President Joe Biden at a Feb. 7 White House press conference with the new German Chancellor Olaf Scholz.
Effective July 1, Bill Moler will step down as CEO and become non-executive chairman of the Tallgrass board. He will also become a senior adviser for Blackstone Infrastructure Partners.
The companies behind the projects seek to negotiate voluntary easements with landowners that would give them the legal right install the lines for carbon transport.
Completion brings total production capacity at its Sabine Pass facility to about 30 million tonnes per annum (mtpa) of LNG. Cheniere's other LNG plant, in Corpus Christi, Texas, produces another 15 mtpa.
The appointments of Rick Muncrief, currently president and CEO of Devon Energy, and retired Exxon Mobil executive Jesse J. Tyson to the Williams board of directors are effective March 1.
In total, Venture Global has about 70 MTPA of LNG export capacity under construction or development in Louisiana.
Oil prices are high due to fundamentals of tight inventories and rising demand, says a Rice University expert, but geopolitical and weather risks lurk around the edges.
Energy Transfer wants to be able to extend construction of the 16.4 mtpa Lake Charles LNG facility through late 2028.