Subscribe free to our newsletters via your




OIL AND GAS
French company EDF signs LNG deal with Cheniere in Texas
by Daniel J. Graeber
Houston (UPI) Jul 18, 2013


disclaimer: image is for illustration purposes only

French energy company EDF agreed to buy liquefied natural gas from an export facility being developed in Texas, Cheniere Energy announced.

Cheniere's subsidiary, Corpus Christi Liquefaction, said it entered into a sale and purchase agreement with the French energy company.

EDF under the terms of the agreement agreed to purchase 380,000 tons of liquefied natural gas from the second phase, or train, of the LNG export facility under development in Corpus Christi. Another 770,000 tons of LNG would come from Train 3 once it's developed.

The export terminal in Corpus Christi would have three trains with a net production capacity of 13.6 million tons of LNG per year.

"EDF is the first foundation customer on Train 3 of our Corpus Christi Liquefaction Project being developed in Texas," Chairman Charif Souki said in a statement Thursday.

The terms of the EDF agreement extend for 20 years and deliveries are expected as early as 2019.

To date, Cheniere said it's entered into sales purchase agreements for at least 6 million tons of LNG per year. Construction on the LNG export facility is expected to start early next year.

LNG exports from the United States require special consideration for countries without a U.S. free-trade agreement.

.


Related Links
All About Oil and Gas News at OilGasDaily.com






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle








OIL AND GAS
PNG LNG project gives lift to Australia's Santos
Adelaide, Australia (UPI) Jul 18, 2013
Australian energy company Santos said Friday its second quarter figures improved in part because of the start of an LNG project in Papua New Guinea. "Delivery of the PNG LNG project is an important milestone for Santos in our journey to becoming a major LNG supplier to Asia," Santos Chief Executive Officer David Knox said in a statement. "This project will significantly lift Santos' LNG ... read more


OIL AND GAS
Three drown as Italian navy rescues around 1,400 migrants

Italy cruise ship wreck set to rise from waves

China gave $14.4 bln in foreign aid in three years

AW139 helicopters to perform emergency medical missions

OIL AND GAS
New device developed to defeat GPS jamming

EU selects CGI to support Galileo Commercial Service Initiative

China, Russia to cooperate in satellite navigation

US Refusal to Host Russian Navigation Stations Political

OIL AND GAS
Study cracks how the brain processes emotions

Neandertal trait raises new questions about human evolution

Low back pain? Don't blame the weather

Virtual crowds produce real behavior insights

OIL AND GAS
Scientists gear up to fight deadly snake fungal disease

For bees and flowers tongue size matters

Flower development in 3D: Timing is the key

Precipitation may be key in bird adaptation to climate change

OIL AND GAS
UN leader vows to help Haiti fight cholera epidemic

Setback for cure overshadows AIDS council of war

US health chief admits 'pattern' of safety failures

People with HIV living longer, study

OIL AND GAS
We need an education: China's migrant children

Nepal denies Chinese pressure over Tibetan monk's cremation

End of the high life for Hong Kong's unwanted rooftop dwellers

Beijing steps up 'naked officials' crackdown

OIL AND GAS
Chinese fish farmer freed after Malaysia kidnapping

US begins 'unprecedented' auction of Silk Road bitcoins

Malaysian navy foils pirate attack in South China Sea

NATO anti-piracy ops until 2016

OIL AND GAS
China Jan-June FDI rises 2.2%

China Q2 growth mired at 7.4% on-year: AFP survey

China detains prominent financial TV anchor: reports

China bank denies state TV claims of 'dirty money' transfers




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service.