Monday, June 27 2022 Sign In   |    Register

News Quick Search



Front Page
Power News
Gas News
Today's News
Yesterday's News
Week of Jun 20
Week of Jun 13
Week of Jun 06
Week of May 30
Week of May 23
By Topic
By News Partner
News Customization


Pro Plus(+)

Add on products to your professional subscription.
  • Energy Archive News

    Home > News > Gas News > News Article

    Share by Email E-mail Printer Friendly Print

    Washington Approves More U.S. LNG Exports For Europe

    May 17, 2022 - Indian Oil And Gas News


      May 17 -- In response to Russia’s move to cut off gas to Poland and Bulgaria, the Biden administration has authorized more LNG shipments from two U.S. plants currently in the development phase.

      Texas-based Golden Pass LNG, owned by Exxon and Qatar Petroleum, have been authorized to export an additional 0.35 billion cubic feet per day of LNG, including to Europe. The second authorization is for Louisiana-based Magnolia LNG, owned by Glenfame Group LLC, to ship an additional 0.15 billion cubic feet per day, Bloomberg reports.

      Golden Pass should be online in 2025, while Magnolia is expected to launch exports around 2027.

      Speaking to reporters at a U.S.-EU energy meeting in New Jersey, Energy Secretary Jennifer Granholm said the new authorizations ensure that the U.S. is “able to allow those who intend to produce, have the freedom to be able to ship to Europe", Reuters reported.

      On Tuesday, Russia said it would cut off gas to Poland and Bulgaria by Wednesday over their refusal to pay in roubles, sending natural gas prices surging again as the European Union grapples with the possibility of banning Russian oil and gas.

      The EU has accused Russia of “blackmail”, with European Commission chief Ursula von der Leyen saying the bloc was “prepared” for this and vowed a “coordinated response”.

      In March, the Department of Energy authorized exports from two currently operating LNG projects, Cheniere Energy’s Sabine Pass in Louisiana and Corpus Christi in Texas. Those authorizations gave the two LNG export facilities the ability to export 0.72 billion cubic feet per day of LNG.

      At the time, the DOE noted that U.S. exporters were “already exporting at or near their maximum capacity”, and that the March authorizations essentially served as approval for every operating U.S. LNG export project to export at full capacity.


    Other Articles - International


       Home  -  Feedback  -  Contact Us  -  Safe Sender  -  About Energy Central   
    Copyright © 1996-2022 by CyberTech, Inc. All rights reserved.
    Energy Central® and Energy Central Professional® are registered trademarks of CyberTech, Incorporated. Data and information is provided for informational purposes only, and is not intended for trading purposes. CyberTech does not warrant that the information or services of Energy Central will meet any specific requirements; nor will it be error free or uninterrupted; nor shall CyberTech be liable for any indirect, incidental or consequential damages (including lost data, information or profits) sustained or incurred in connection with the use of, operation of, or inability to use Energy Central. Other terms of use may apply. Membership information is confidential and subject to our privacy agreement.