Energy Transfer, Chevron ink long-term Lake Charles LNG deal

three trains and also modifications to the Trunkline Gas pipeline.

Energy Transfer previously said it had entered into definitive long-term LNG offtake contracts for 7.9 mtpa of LNG.

The company announced six SPAs during 2022 and the customers include China Gas, Gunvor, ENN, SK Gas, and Shell.

In July last year, the company also entered into three non-binding HOAs related to the long-term LNG offtake from this project for an aggregate of 3.6 mtpa of LNG.

One of the deals is with Chesapeake and Gunvor, the second deal is with EQT, and the third HOA is with a Japanese customer.

DOE approval

Earlier this year, Energy Transfer’s unit Lake Charles Exports asked the US DOE for expedited action on its pending application for non-FTA LNG exports from the proposed Lake Charles LNG export facility.

In August 2023, Energy Transfer’s unit Lake Charles Exports (LTE) filed an application with the DOE for a new export authorization for the Lake Charles LNG export terminal after the department declined Lake Charles LNG’s request to extend the deadline to start exports by December 2028.

This new request by LTE followed a decision by a federal district judge in Louisiana to block a decision by the Biden administration on issuing non-FTA LNG export permits for new projects.

DOE just released its study on the economic and climate impacts of exporting increasing volumes of LNG from the US.

The study will have a 60-day comment period that will begin once published in the Federal Register.