Sharing infrastructure could be an increasingly growing trend among LNG plants that are in the same region. It would be interesting to see if this would become popular among the booming LNG plants in the US Gulf Coast.
Facing unprecedented “pressure to sign engineering, procurement and construction deals for the lowest possible amount,” engineering, procurement, and construction firms (EPCs) are reported to vocalize their concerns.
Weighing the United State’s LNG boon against an increasingly competitive global market, Forbes delivers a quiet warning - burgeoning production capacity does not guarantee the market’s success. The numerous pending American LNG plant projects awaiting environmental permits final investment decisions are far from secure:
The Federal Energy Regulatory Commission (FERC) on August 31, 2018 issued a news release highlighting the approval of environmental schedules for the following 12 outstanding LNG terminal applications: Freeport Train 4, Port Arthur, Driftwood LNG, Corpus Christi, Texas LNG, Gulf LNG, Rio Grande LNG, Jacksonville Eagle, Annova LNG, Plaquemines, Jordan Cove, and Alaska LNG.
Cheniere Energy, Inc. - owner and operator of the Sabine Pass and Corpus Christi LNG projects - and Tellurian Inc. - of the upcoming Driftwood LNG project - released corporate reports this week:
Forecasting growing global demand for American gas, the juggernauts are investing heavily to build LNG infrastructure. Tellurian reports it is on track to reach its final investment decision (FID) on Driftwood 1-H 2019.