U.S. LNG projects CP2 & Commonwealth LNG are on hold as FERC demands more environmental reviews. Developers call it red tape; activists see it as a win. Meanwhile, U.S. LNG export dominance faces fresh uncertainty. #LNG #EnergyPolicy
OilPrice.com’s Post
More Relevant Posts
-
New U.S. LNG projects risk delays amid the Biden Administration’s push for lower emissions and the ongoing reviews about the environmental impact of the planned export facilities. After President Joe Biden halted new LNG project approvals in January for a review of the current permitting process, the U.S. Administration is looking to implement stricter rules on pollution the export facilities are allowed to emit in the community. These new requirements are holding back projects, one being Venture Global’s CP2 LNG in Louisiana, and the company’s second such project in Cameron Parish, Louisiana. Last week, the Federal Energy Regulatory Commission (FERC) asked Venture Global to provide more details to prove its emissions would be below the stricter threshold. Venture Global criticized FERC’s move as an “eleventh hour data request” that would “encourage further baseless claims,” the company said in a letter to the regulator seen by the Financial Times. Venture Global says its project is in line with standards and has filed new information with FERC. Cheniere Energy, the top U.S. LNG exporter, also has projects that need approvals. Cheniere is working closely with FERC to progress the permitting approval process for trains 8 and 9 at Corpus Christi, CEO Jack Fusco said on the Q1 earnings call earlier this month. “We expect to receive our environmental assessment soon and remain confident that we will receive all necessary regulatory approvals to be able to sanction the project in 2025,” Fusco said. The halt of new LNG project approvals has been criticized by the U.S. oil and gas industry while environmentalists are pressuring the Administration to reject new project approvals. We trust that when the government reviews the climate and environmental justice harms, they will fully reject all LNG export projects, because anything less would reveal this pause to be nothing more than a strategic and self-serving PR campaign,” Candice Fortin, 350.org US Campaign Manager, said. Charlie Riedl, Executive Director at the Center for LNG (CLNG), responded to the halt in permits saying “This is a short-sighted and damaging action that weakens U.S. relations with our allies. It undermines U.S. energy leadership in the world without any benefit to our shared climate goals and with considerable risk to the U.S. economy by endangering future projects and the jobs associated with them, as well as destabilizing international energy markets. #everyone #LNG #oilupdate
To view or add a comment, sign in
-
Calcasieu Pass phase 2 moving forward
The Federal Energy Regulatory Commission voted 2-1 to allow construction and operation of the Calcasieu Pass 2 LNG plant and a related, 85-mile-long (137 km) pipeline. https://ow.ly/hPsA50Sr4b5 #FERC #Louisiana #LNG #pipeline #midstream
U.S. Regulators Approve Louisiana LNG Plant and 85-Mile Pipeline
pgjonline.com
To view or add a comment, sign in
-
More good news for Louisiana Industry!
The Federal Energy Regulatory Commission voted 2-1 to allow construction and operation of the Calcasieu Pass 2 LNG plant and a related, 85-mile-long (137 km) pipeline. https://ow.ly/hPsA50Sr4b5 #FERC #Louisiana #LNG #pipeline #midstream
U.S. Regulators Approve Louisiana LNG Plant and 85-Mile Pipeline
pgjonline.com
To view or add a comment, sign in
-
The five projects underway and proposed in the Canadian northwest. 1/ LNG Canada: climate questions remain as B.C.’s first major LNG export facility 2/ Coastal GasLink: mechanically completed, and pipeline is poised to start shipping gas across northern B.C 3/ Prince Rupert Gas Transmission: TC Energy’s approved 900-kilometre project could be getting underway this year 4/ Ksi Lisims: the Nisga’a-led liquefaction and export facility continues through B.C.’s environmental assessment process 5/ Cedar LNG: Haisla chief councillor says the Kitimat-based floating LNG plant represents a ‘path to achieve healing’ https://lnkd.in/gAshsqnp
Five projects you need to know about as BC’s oil and gas sector heats up
https://oilgasleads.com
To view or add a comment, sign in
-
LNG Export Terminals Await Environmental Reviews as Trump Plans Energy Push 10-12-2024 The maritime and energy industries are closely watching developments in the United States as the U.S. Department of Energy announces delays in reviewing two planned liquefied natural gas (LNG) export terminals in Louisiana. According to recent reports, these reviews will be put on hold until an independent regulatory body completes its environmental assessments of the projects. This news comes at a time when the Trump administration is planning a significant push for energy production and export. The LNG export terminals in question are a key part of this strategy, with the potential to increase the country's natural gas exports and boost economic growth. However, the temporary halt in reviews reflects the importance of environmental considerations in the development of these projects. The independent regulatory body's assessments will be crucial in determining whether the terminals meet the necessary environmental standards. As the maritime industry continues to evolve, it will be interesting to see how these developments unfold. The LNG export terminals represent a significant opportunity for growth and development, while also highlighting the need for careful planning and regulation to ensure the long-term sustainability of these projects. The delay in reviews may impact the timeline for the completion of these projects, but it underscores the importance of responsible development in the energy sector. Source: https://lnkd.in/dQaH2skb #LNGExportTerminals #EnergyProduction #MaritimeIndustry #Sustainability #EnvironmentalAssessments #TrumpAdministration #EnergyPolicy #LNGExports #MaritimeDevelopment #SustainableEnergy (Note: I have maintained a professional and engaging tone throughout the post, ensured clarity and accuracy of the content, and added relevant hashtags for better discoverability.)
To view or add a comment, sign in
-
US gas industry officials are expressing alarm over a string of federal court decisions scrapping regulatory approvals of LNG and pipeline projects — some of which are under construction — over a lack of environmental scrutiny. >> https://bit.ly/3yOLF3V * Full article, no subscription needed #FERC #natgas #gaspipelines #lng #uslng #lngprojects #lngexports
US Gas Industry Alarmed as Court Tosses More FERC Approvals
energyintel.com
To view or add a comment, sign in
-
“What would be the nation’s largest export terminal for liquefied natural gas won approval from a federal commission Thursday, although when the Louisiana project will be completed remains unclear in light of a Biden administration delay announced this year on such projects. “Venture Global LNG’s Calcasieu Pass 2 southwestern Louisiana project, often referred to as CP2, was approved with little discussion by the Federal Energy Regulatory Commission during a livestreamed meeting. However, the project, which would be Venture Global’s second such facility in the area, still needs Department of Energy approval, and its immediate prospects are uncertain, given the administration’s January pause.” #energy #energyindustry #oilgas #oilandgas #natgas #naturalgas #hydrocarbons #lng #louisiana #louisianaeconomy #commodities #energypolicy #haynesville #permian #permianbasin #shale #shalegas #midstream #pipelines #tuscaloosamarine #trade #exports https://lnkd.in/gK9RysxN
Panel's approval of liquefied natural gas export terminal puts more pressure on Biden to block it
apnews.com
To view or add a comment, sign in
-
Investing in emissions mitigation measures for new LNG liquefaction is no longer enough. Sponsors need to ensure that buyers are provided with data about ongoing measures to reduce emissions so that all parties can meet their obligations under new EU legislation.
Lower carbon LNG production: Meeting buyer’s needs to maximise return on investment
connections.nortonrosefulbright.com
To view or add a comment, sign in
-
If you want to participate at Federal Energy Regulatory Commission, knowing about Resource Reports (RRs) that companies are required to submit is important! There are many kinds of them, so we’ll stick to RR 1, which is a General Project Description. RR 1 is a part of a series of reports, numbered 1 to 13. RR 1 is part of the Draft Environmental Impact Statement that FERC creates to be in line with the National Environmental Protection Act, or NEPA. Specifically, RR 1 is about the basics of the project. There are a lot of requirements companies have to meet when they submit their report, including: - What facilities a project will have - Land requirements - Construction schedule and requirements - Safety - Expansion or abandonment plans - Stakeholder and community engagement While this document can be a lot to read, it’s a great way to understand the basics of the project and to consider if you want to comment on an open project. If you believe you will be impacted by Gulfstream LNG’s planned project for an LNG export terminal in Plaquemines Parish, Louisiana, then you can view this report from the company and learn more about the project! Visit https://lnkd.in/dy3gWqGh and search Docket number PF24-5-000 to read RR 1. #PF24-5 #FERCGas #LiquidNaturalGas #Gulfstream #LNG #NaturalGas #CommunityEngagement #Louisiana
To view or add a comment, sign in
-
🚨 Texas LNG Projects Get Green Light After Judge Blocks Biden's Pause 🚨 🔧 Construction at the Golden Pass LNG Terminal near Port Arthur is back on track! A federal judge in Louisiana issued an injunction lifting President Biden's six-month pause on new LNG terminal permits. ⚖️ The Biden administration might appeal, but for now, LNG developers are pushing forward. LNG is important because it allows natural gas to be transported long distances and used in places that pipelines can't reach. LNG is also considered a cleaner fossil fuel than other fuels like coal and oil. 🌱 The pause aimed to study climate impacts, as LNG emits less CO2 than coal but has methane leaks. 🏭 🤝 Industry leaders argue that resuming permits will stabilize global energy markets and strengthen alliances. 13 projects, including Sempra’s Port Arthur phase 2 and Venture Global’s CP2 in Louisiana, await decisions. 📈 🔜 What’s next? Stay tuned as legal, environmental, and economic dynamics unfold! 🌍 #TexasLNG #EnergyNews #BidenAdministration #ClimateImpact #LNGProjects #GreenEnergy #GlobalMarkets #PortArthur #SustainableFuture #LegalUpdate
To view or add a comment, sign in
175,576 followers