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The moratorium delayed projects including Venture Global's CP2 project, the Commonwealth LNG plant, and Energy Transfer's Lake Charles complex, all in Louisiana.
Venture Global and other LNG companies have also argued the expansion of U.S. LNG exports can help reduce overall greenhouse gas emissions by displacing coal in Asia and other parts of the world.
In June 2024, D.Trading and U.S.-based Venture Global announced a comprehensive Heads of Terms Agreement for supplying American liquefied natural gas (LNG) to Ukraine and Eastern Europe. [27] That same month, D.Trading and Germany’s SEFE (Securing Energy for Europe GmbH) [ 28 ] signed an agreement to strengthen European energy security by ...
Invited guests included the CEOs of Venture Global, Cheniere Energy as well as representatives from Chevron , Continental Resources, Exxon and Occidental Petroleum , it said.
The United States became a net exporter of liquified natural gas in 2016. Principal markets for US LNG are Mexico, South Korea, China, and Japan. [47] In late 2021, U.S. producer Venture Global LNG signed three long-term supply deals with China's state-owned Sinopec to supply liquefied natural gas. [48]
Lysekil LNG terminal, Lysekil. Joint venture by Gasum Oy and Preem. Delivers LNG by truck as well as pipeline gas to Preem's oil refinery. Opened in 2014. [60] Nynäshamn LNG, Brunnviksholmen, Nynäshamn. Operated by Gasum Oy. Delivers LNG by truck and LNG bunker, as well as pipeline gas to local industrial grid.
Petronas has announced the execution of a new 20-year SPA for the purchase of 1 MTPA of LNG from Venture Global's Plaquemines LNG facility.
Wilhelmshaven LNG terminal is Germany's first liquefied natural gas (LNG) shipping terminal, situated near Wilhelmshaven, Germany on the North Sea. It had been in the planning stages since the mid-2010s, and in 2022 gained rapid regulatory authority approval for construction following the Russian invasion of Ukraine and the global natural gas ...