US Dept of Energy Grants Export License to Gulfstream LNG
7/2/2023
(Reuters) — Gulfstream LNG Development has received an export authorization from the U.S. Department of Energy to advance its proposed LNG export plant in Louisiana, the company said on Friday.
The Free Trade Agreement (FTA) approval is part of the regulatory hurdles for the approximately 4 million tonnes per annum (MTPA) Gulfstream LNG project. The firm also signed a term-sheet with a gas transportation company.
“Our DOE approval to export LNG to FTA countries and our execution of the gas supply transportation preliminary agreement are important milestones in progressing the Gulfstream LNG project,” said Chief Executive Vivek Chandra.
The company said it also expects to receive non-FTA approval once its FERC application has progressed.
Related News
Related News
Sign up to Receive Our Newsletter
- Keystone Oil Pipeline Resumes Operations After Temporary Shutdown
- Freeport LNG Plant Runs Near Zero Consumption for Fifth Day
- Biden Administration Buys Oil for Emergency Reserve Above Target Price
- Mexico Seizes Air Liquide's Hydrogen Plant at Pemex Refinery
- Enbridge to Invest $500 Million in Pipeline Assets, Including Expansion of 850-Mile Gray Oak Pipeline
Pipeline Project Spotlight
Owner:
East African Crude Oil Pipeline Company
Project:
East African Crude Oil Pipeline (EACOP)
Type:
TotalEnergies in discussions with a Chinese company after Russian supplier Chelpipe was hit by sanctions.
Length:
902 miles (1,443 km)
Capacity:
200,000 b/d
Start:
2022
Completion:
2025
Comments