Cheniere Energy, Klaipedos Nafta sign MOU for LNG supply

Warren R. True
Chief Technology Editor-LNG/Gas Processing

HOUSTON, May 17 -- Cheniere Energy Inc., Houston, further developing its plans to export LNG from its Sabine Pass, La., import terminal, announced last week it had signed a memorandum of understanding with Klaipedos Nafta, Vilnius, to “address Klaipedos Nafta's future natural gas needs” and assess LNG purchase and supply options.

Klaipedos Nafta is building the first LNG import terminal on the eastern Baltic coast for use in Lithuania and potentially for export to Baltic neighbors. Lithuania intends to become one of the first European countries to implement the European Union's Third Package of energy market reforms, according to the announcement. Those are to create a free and open energy market similar to the US.

Cheniere has signed several agreements since June 2010 in an effort to underpin plans to install four liquefaction trains totaling 14 million tonnes/year of capacity. At the time, Cheniere Energy said it hoped to move as much as 1 bcfd by 2015, possibly expanding later to 2 bcfd.

Cheniere has signed other agreements with ENN Energy Trading, EDF Trading, Morgan Stanley Capital Group, and Sumitomo Corp. (OGJ, Mar. 7, 2011, p. 100).

Contact Warren R. True at warrent@ogjonline.com.

Related Articles

BG Group: Mzia DST supports potential hub development offshore Tanzania

08/27/2014 Results from the second drillstem test (DST) on the Mzia discovery on Block 1 offshore southern Tanzania indicated further support for a hub develo...

Canadian firms plan BC gas plant, target LNG export

08/19/2014 AltaGas Ltd. and Painted Pony Petroleum Ltd., both of Calgary, have agreed to develop processing and marketing of natural gas and NGLs for Painted ...

EIA: China to increase natural gas consumption, investment

08/18/2014 China more than tripled natural gas production since 2003, producing 3.8 tcf in 2012, and the government is targeting production to reach about 5.5...

DOE finalizes LNG export national interest review reforms

08/15/2014 The US Department of Energy finalized reforms it proposed on May 29 to its process for determining whether planned LNG export projects are in the n...

Careers at TOTAL

Careers at TOTAL - Videos

More than 600 job openings are now online, watch videos and learn more!

 

Click Here to Watch

Other Oil & Gas Industry Jobs

Search More Job Listings >>
Stay Connected