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Texas LNG pens 20-year definitive tolling agreement with EQT

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Texas LNG pens 20-year definitive tolling agreement with EQT

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Natural Gas News

Summary

This agreement solidifies the two heads of agreement signed by Texas LNG and EQT earlier this year. [Image: Texas LNG] by: Shardul Sharma

Glenfarne Group LLC's Texas LNG has executed a definitive 20-year tolling agreement for natural gas liquefaction services with EQT Corporation for 2mn tonnes/ye...

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Related Knowledge Center: Liquefied natural gas

State of Play

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.

More informationabout Liquefied natural gas