Country also seeks to expand its petrochemical business.
Company mum on when the first cargo will leave the facility.
A Stratas Advisors director told Midstream Finance conference attendees that the latest look into the crystal ball of five-year outlook has U.S. supply growth positioning the country to become a net crude exporter.
With just days to go before renewed sanctions take effect Nov. 5, the reality is setting in: three of Iran’s top five customers—India, China, and Turkey—are resisting Washington’s call to end purchases outright.
An abundance of supply and a superior refining sector have positioned the U.S. well in the global energy trade. But threats to export success, both foreign and domestic, loom.
Also, why Mexico's president-elect criticized Pemex and a private company consortium expects to win the lease for a wind farm offshore California.
OPEC and non-OPEC ministerial panel signaled a possible need for more production cuts as global oil inventories rise, in a statement that may further sour relations with President Donald Trump.
A cargo of LNG from the U.S. terminal of Sabine Pass operated by Cheniere Energy is due to arrive in China on Nov. 11, Refinitiv Eikon shipping data showed on Oct. 23.
LNG Canada challenged competing U.S. liquefied natural gas (LNG) projects on Oct. 22, saying many could end up "dead in the water" as long as China keeps its tariff on U.S. imports of the fuel as part of the trade war between the countries.
The world's largest publicly traded oil and gas company is turning toward Beijing for business at a time when most of corporate America is looking elsewhere to avoid the threat of tariffs.