Reese Energy Consulting today is studying the latest news from the Gulf Coast, where LNG producers, processors, and ports are busier than John Kerry writing a climate doomsday speech aboard a chartered flight. First up, Houston-based Cheniere Energy, which is developing its Stage III project to include seven midscale liquefaction trains producing 10 mtpa of LNG. The company now has inked a 15-year gas supply agreement with Tourmaline Oil Corp., the largest natural gas producer in Canada. Investment giant Global Infrastructure Partners is shopping for a buyer for the firm’s stake in Houston-based Freeport LNG. GIP paid $850 million for a 26% share in Freeport before the export terminal launched operations in 2019. The three-train plant off the Texas Gulf Coast produces 15 million mtpa of LNG. Houston-based Delfin LNG has requested a third extension to put into service onshore assets to support the company’s proposed floating LNG export project off the coast of La. If built, the project would mark the nation’s first FLNG export terminal. And finally, the Port of Corpus Christi shipped a record 80.5 million tons of cargo in the first half of 2021, largely due to a 72% year-over-year increase of LNG exports.
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