Energy Transfer seeks more time to build Lake Charles LNG export plant

Energy Transfer asked US energy regulators for a three-year extension to construct its proposed Lake Charles LNG export facility in Louisiana.

The Lake Charles LNG project seeks to convert Energy Transfer’s existing regasification terminal to an LNG export facility.

It has a proposed liquefaction capacity of 16.45 million tonnes per year and includes three trains and modifications to the Trunkline Gas pipeline.

LNG giant Shell announced a decision to pull out of the project back in 2020.

Following the Shell decision, Energy Transfer said it would evaluate various alternatives to advance the LNG project including bringing new partners and reducing the plant’s size.

Energy Transfer seeks more time to build Lake Charles LNG export plant
Image: Energy Transfer

In 2019, the company has sought and won an approval from the US FERC for a five-year extension to build the LNG terminal until December 2025.

Now, its units developing the LNG export facility and the pipeline are seeking to extend that deadline until 2028, according to a filling with the FERC dated February 3.

“The applicants state that global market conditions have impacted its ability to reach a final investment decision and secure long-term offtake contracts, thus they now request an additional three years, until December 16, 2028, to complete construction of the project and place it into service,” they said.

Most Popular

Aramco eyes large LNG portfolio

Aramco's long-term ambition is to have a portfolio of 20 million tonnes per annum (mtpa) of LNG capacity, according to Aramco’s CEO, Amin Nasser.

ConocoPhillips books Dunkirk LNG capacity

US energy giant ConocoPhillips has booked regasification capacity at France's Dunkirk LNG facility, and it also signed an Asian LNG sales and purchase deal.

Inpex: Ichthys terminal sent 65 LNG cargoes in H1

Japan’s Inpex has shipped 65 LNG cargoes from its Ichthys export plant in Australia during the first six months of this year, down by one cargo compared to the same period last year.

More News Like This

Energy Transfer in advanced talks to sell remaining Lake Charles LNG volumes

Texas-based Energy Transfer is in advanced discussions for the sale of the remaining offtake volumes from its proposed Lake Charles LNG export facility in Louisiana, according to its management.

Glenfarne still expects Texas LNG FID by end of this year

US energy firm Glenfarne confirmed it is targeting a final investment decision on its planned 4 mtpa Texas LNG export project in the port of Brownsville by the end of 2025 after the US FERC issued the final supplemental environmental impact statement for the project.

Technip Energies expects ‘important’ LNG awards in next 18 months, CEO says

LNG engineering giant Technip Energies is confident in its positioning for "important" LNG awards in the next 6-to-18 months, with the US expected to be one of the most active regions, according to CEO Arnaud Pieton.

Venture Global’s Plaquemines LNG to commission fourth tank

US LNG exporter Venture Global LNG has received approval from the US FERC to commission the fourth storage tank with LNG at its Plaquemines plant in Louisiana.