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|FERC Authorizes Four LNG Projects|
|= Combined capacity of approx. 50 mtpa; projects move closer to FID in 2020 =|
On 21st, the Federal Energy Regulatory Commission (FERC) announced it has approved four LNG production projects, the Rio Grande LNG (capacity 27 million mt per annum), the Annova LNG (6 mtpa), the Texas LNG (4 mtpa), and the Corpus Christi Stage III expansion (11.45 mtpa). A combined liquefaction capacity of the four projects will reach 48.45 mtpa. The four projects targeting final investment decisions (FIDs) in 2020 will to go to the next step for their goals.|
FERC commented this would "help the United States expand the availability of natural gas for our global allies who need access to an efficient, affordable and environmentally friendly fuel for power generation." With the approval, the number of LNG projects the commission approved in 2019 increased to 11 with a combined capacity of approx. 130 mtpa.
NextDecade, the operator of the Rio Grande project, said it would finalize "commercial milestones prior to an anticipated FID in the first quarter of 2020." The Corpus Christi project operator Cheniere Energy highly evaluated the FERC's decision, saying: "a critical milestone on the path to a positive FID," and Texas LNG welcomed the approval, commenting: "We are so pleased to have reached this important milestone that paves the way for a FID."
FERC had expressed its positive view to the four projects in the final environmental impact statements (FEISs), saying: "impacts on surrounding areas could be mitigated by taking necessary measures." It had planned to make final decisions on the projects between May and July this year, but the decisions were delayed.
The Rio Grande plans to build a 27-mtpa LNG production/export terminal in Brownsville, Texas, consisting of six 4.5-mtpa liquefaction units and related facilities. The terminal is constructed in two phases. The first production is planned in 2023.
The Annova LNG and the Texas LNG projects also will build a 6-mtpa and a 4-mtpa liquefaction terminal in Brownsville, both of which plan to start production in 2024.
The Corpus Christi project will add seven mid-scale liquefaction units with a combined capacity of 9.52 mtpa (max. 11.45 mtpa). A 4.5-mtpa Train 1 has already started commercial operation and Trains 2 and 3 are being constructed. Once completion of all units, the project's liquefaction capacity is expected to reach 25 mtpa.
|last modified : Fri 29 Nov, 2019 [10:30]|