US authorises additional LNG exports from Gulf Coast plants
The US Department of Energy (DOE) said April 27 it had issued new long-term authorisations to a pair of Gulf Coast LNG export projects, allowing the export of an additional 500mn ft3/day of natural gas as LNG to any country not prohibited by US law or policy.
Golden Pass LNG, under construction in Texas by ExxonMobil and Qatar Petroleum, received authorisation to export an additional 350mn ft3/day of natural gas as LNG, while Magnolia LNG in Louisiana, a project being developed by Glenfarne Group, received DOE authorisation for an additional 150mn ft3/day.
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The two orders align the projects’ respective export authorisations to additional capacity that the Federal Energy Regulatory Commission had approved for the projects based on optimised project designs.
Golden Pass LNG is an 18mn mt/yr brownfield export facility located at an existing import terminal near Sabine Pass, Texas. It is under construction, with commercial operations expected in 2024.
Magnolia LNG is an 8.8mn mt/yr export facility planned for the Lake Charles area of Louisiana. Glenfarne anticipates making a final investment decision (FID) in 2023, but is considering advancing that decision, CEO Brendan Duval said.
“Magnolia LNG has a stated FID target of 2023 intended to meet Glenfarne’s internal LNG import terminal projects’ demand,” Duval said. “However, based on Magnolia’s fully permitted position, engineering status, and current market dynamics, we have fielded inquiries to announce FID in 2022, which we are seriously considering.”