Will Europe single-handedly support another wave of US LNG export projects? ๐ช๐บ๐ฐ
This is the most interesting bit from the US-EU energy task force ๐
If realized, the EU will buy an additional 36 million tons/year of US LNG. That's enough to support several new projects
#FID
This is the most interesting bit from the US-EU energy task force ๐
If realized, the EU will buy an additional 36 million tons/year of US LNG. That's enough to support several new projects
#FID
That 50 bcm (or 36mmtpa) isn't some made-up number. That's how much the European Union plans to import to help rid itself of Russian LNG
And now the EU thinks it can fill that entire gap with US LNG
bloomberg.com/news/articles/โฆ
And now the EU thinks it can fill that entire gap with US LNG
bloomberg.com/news/articles/โฆ
Some US LNG export projects vying for FID:
> Corpus Christi Stage 3 -- 10mtpa (mostly contracted)
> Plaquemines -- 10mtpa (mostly contracted)
> Driftwood -- 11mtpa (mostly contracted)
> Cameron T4 -- 6mtpa
> Freeport T4 -- 8.4mtpa
> Commonwealth -- 8.4mtpa
> Rio Grande -- 11mtpa
> Corpus Christi Stage 3 -- 10mtpa (mostly contracted)
> Plaquemines -- 10mtpa (mostly contracted)
> Driftwood -- 11mtpa (mostly contracted)
> Cameron T4 -- 6mtpa
> Freeport T4 -- 8.4mtpa
> Commonwealth -- 8.4mtpa
> Rio Grande -- 11mtpa
And will Europe be willing to sign 20/30-year contracts with US LNG projects?
Without these types of long-term deals, it may be challenging for some projects to get financing
Without these types of long-term deals, it may be challenging for some projects to get financing
https://twitter.com/amitakshatriya/status/1507317393034416129?s=20&t=YvjK5uOkWEN2BCXV4SMV-g
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