US OKs additional LNG exports from Golden Pass and Magnolia

The US Department of Energy (DOE) said it has issued two long-term orders authorizing an additional 0.5 billion cubic feet per day of liquefied natural gas exports from the Golden Pass and Magnolia LNG projects.

The orders allow Golden Pass to export the equivalent of an additional 0.35 Bcf/d and Magnolia to export an additional 0.15 Bcf/d of LNG to any country not prohibited by US law or policy, DOE said in a statement.

DOE had previously issued long-term non-free trade agreement export orders for the majority of the projects’ capacities, with Magnolia’s authorization for 1.08 Bcf/d in 2016 and an authorization for 2.21 Bcf/d issued to Golden Pass in 2017.

The two orders issued on Wednesday align the projects’ respective export authorizations to additional capacity that the Federal Energy Regulatory Commission had approved for the projects based on optimized project designs, it said.

Golden Pass, jointly owned by QatarEnergy and ExxonMobil, is currently under construction in Sabine Pass, Texas, with first exports expected in 2024.

On the other side, Glenfarne is looking to build the Magnolia facility in Lake Charles, Louisiana.

The US is the largest global producer of oil and natural gas and a net exporter of energy.

“US fuel supplies, including LNG, continue to play a key role in global energy security, particularly due to Putin’s invasion of Ukraine,” DOE said.

US LNG exports have recently reached new highs of approximately 12 Bcf/d. DOE expects LNG exports to grow to more than 13 Bcf/d by the end of this year as additional export capacity comes online.

Most Popular

South Korea’s Posco says first LNG carrier to start ops in H2

Posco International, a unit of South Korean steel producer Posco, plans to start shipping LNG with its first dedicated LNG carrier in the second half of this year.

Canada’s Cedar LNG names FLNG

Canada’s Cedar LNG, a joint venture of Canada’s Pembina Pipeline and the Haisla Nation, has picked a name for its floating LNG facility, which will be located in the traditional territory of the Haisla Nation, on Canada’s West Coast.

Atlantic LNG shipping rates continue to decrease

Atlantic LNG freight shipping rates continued to decrease this week, while European prices also dropped compared to last week.

More News Like This

Sempra gets non-FTA approval for Port Arthur LNG expansion

Sempra Infrastructure, a unit of Sempra, has received non-FTA approval from the US Department of Energy for the second phase of its Port Arthur LNG export project in Texas.

France was top destination for US LNG supplies in March

France was the top destination for US liquefied natural gas cargoes in March, according to the Department of Energy’s LNG monthly report.

US DOE to start issuing final orders for pending non-FTA LNG export permits

The US Department of Energy will start issuing final orders on pending applications to export LNG to countries without a free trade agreement with the US.

ExxonMobil CEO expects Golden Pass LNG launch by end of this year

ExxonMobil CEO Darren Woods expects the QatarEnergy-led Golden Pass LNG export project in Texas to produce first LNG volumes by the end of this year. Separately, Golden Pass LNG is also seeking approval from the US FERC to increase peak workforce up to 10,300.