Trump ‘is definitely making some headwinds for us,’ says a top executive at Cheniere.
Gas will be converted to LNG on Mexico’s Pacific Coast for export to Asia.
Russia and China are now the focus of Venezuela’s exports, PDVSA’s president is reported to say.
Exporting energy means exporting U.S. values, the secretary of state tells CERAWeek audience.
Surpluses are building for ethane and propane, with export options to China stymied.
Calcasieu Pass facility owners will be able to export up to 1.7 Bcf/d.
China Petroleum and Chemical Corp. plans to sign a 20-year liquefied natural gas (LNG) supply agreement with Cheniere Energy once China and the United States end their trade dispute, two sources with knowledge of the matter said on March 6.
As a part of the deal there would be a $18 billion purchase of natural gas from Houston-based Cheniere Energy Inc., the report said.
Volume will reach 120,000 bbl/d by mid-2020.
The recent Polar Vortex did its damage, but as winter weather goes, say Drillinginfo and Wood Mac, this one is not terribly cold and gas prices are holding steady.