Cedar LNG signs HOA with SHI, Black & Veatch on shipyard capacity
Cedar LNG signs HOA with SHI, Black & Veatch on shipyard capacity
-
Natural Gas News
Cedar LNG signs HOA with SHI, Black & Veatch on shipyard capacity
Summary
The HOA provides Cedar LNG, on an exclusive basis with SHI and Black & Veatch, secure access to shipyard capacity to meet its target commercial operations date. [Image: Cedar LNG] by: Shardul Sharma
The Haisla Nation and Pembina Pipeline Corporation (Pembina), partners in the development of the proposed Cedar LNG project, have signed a heads of a...
Related Knowledge Center: Liquefied natural gas
Driven by plentiful natural gas produced from shale plays, the United States began exporting liquefied natural gas in 2016 when the Sabine Pass terminal in Louisiana opened and shipped its first cargo. Since then, additional capacity, or trains, have been added to Sabine Pass, and terminals have become operational in Cameron Parish, La.; Hackberry, La.; Cove Point, Md.; and Corpus Christi, Texas. The Energy Information Administration projects that U.S. LNG export capacity will reach 8.9 billion cubic feet per day (Bcf/d) by the end of 2019, making it the third largest in the world, behind Australia and Qatar. The tariff war with China has the potential to impact some final investment decisions for additional terminals in the coming months.