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    Fri, 15th Jan 2021 12:52:00
    Driftwood LNG construction to start this summer
    Speaking to Reuters, the co-founder of US LNG developer Tellurian Charif Souki said that the company aims to begin construction of its LNG project in Louisiana this summer. Driftwood LNG export project in Louisiana is worth $16.8 billion. It is to answer the growing need for additional liquefaction capacity, as countries like China and India shift power generation away from coal-fired plants, and the demand for the fuel rises worldwide. Driftwood was delayed together with numerous projects in North America over the past two years, as customers were unwilling to sign long-term deals needed to finance the projects while natural gas prices plunged. The pandemic caused gas prices in Europe and Asia to drop to record lows below $2 per million British thermal units (mmBtu), while US gas prices fell to their lowest in 24 years.
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    #Natural Gas
     
         



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    Energy News
    How bankruptcy helps the coal industry avoid environmental liability
    Wed, 10th May 2023 18:04:00
    German lawmakers mull creating first citizen assembly
    Wed, 10th May 2023 17:00:00
    Yousaf: Just transition away from oil and gas is a moral imperative
    Wed, 10th May 2023 14:15:00


    How bankruptcy helps the coal industry avoid environmental liability
    Wed, 10th May 2023 18:04:00
    German lawmakers mull creating first citizen assembly
    Wed, 10th May 2023 17:00:00
    Yousaf: Just transition away from oil and gas is a moral imperative
    Wed, 10th May 2023 14:15:00


     
             
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