Energy Transfer evaluating Lake Charles EPC bids

US company Energy Transfer is in the process of evaluating bids for the engineering, procurement and construction contract on its proposed Lake Charles LNG export facility.

Lake Charles LNG has received commercial bids from EPC companies in response to a commercial tender issued in December last year.

“These bids are being evaluated,” Energy Transfer said in a monthly status report to US FERC dated July 14.

The company did not did not reveal any additional info such as who the bidders are or when it plans to award the deal.

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

The project has a proposed liquefaction capacity of 16.45 million tonnes per year for US natural gas export to global customers.

The Hague-based energy giant Shell announced a decision to pull out of the project earlier this year due to effects of the Covid-19 pandemic that continues to destroy global demand and weigh down on prices.

Shell entered the project in its 2016 combination with BG Group.

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.

In its newest filling to FERC, the US company noted that the development “remains an active project fully-supported by Energy Transfer.”

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

However, in order to meet this deadline, Energy Transfer would probably need to make a final investment decision on the project by the end of this year.

Most Popular

Excelerate in $700 million senior notes offering

US FSRU player Excelerate Energy aims to raise about $700 million via an offering of unsecured senior notes due 2030.

Adnoc, ENN seal 15-year LNG SPA

UAE’s Adnoc has signed a 15-year sales and purchase agreement with Chinese independent gas distributor ENN to supply the latter with LNG from its LNG terminal in Al Ruwais.

Santos: PNG LNG shipped 28 cargoes in Q1

The ExxonMobil-operated PNG LNG project in Papua New Guinea shipped 28 cargoes of liquefied natural gas in the first quarter of 2025, up by one cargo compared to the same quarter last year and one cargo less compared to the prior quarter, according to shareholder Australia’s Santos.

More News Like This

Energy Transfer seeks FERC extension for Lake Charles LNG export terminal

Texas-based Energy Transfer is seeking an extension of time from the US FERC to complete and place into service its planned Lake Charles LNG export facility in Louisiana.

Energy Transfer, EIG’s MidOcean to jointly develop Lake Charles LNG project

MidOcean Energy, the LNG unit of US-based energy investor EIG, has signed a heads of agreement with Energy Transfer to jointly develop the latter's Lake Charles LNG export facility in Louisiana.

Energy Transfer eyes Lake Charles LNG FID in Q4 2025

Texas-based Energy Transfer hopes to make a final investment decision to build its Lake Charles LNG export facility in Louisiana in the fourth quarter of 2025, according to the company’s executives.

Trump lifts pause on non-FTA LNG export approvals

Trump issued the executive order, which was widely expected, just hours after officially taking over his second four-year term...