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Search resuls for: "Lyle Hanna"


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Snow covered transfer lines are seen at the Dominion Cove Point Liquefied Natural Gas (LNG) terminal in Lusby, Maryland March 18, 2014. REUTERS/Gary Cameron/File Photo Acquire Licensing RightsHOUSTON, Aug 30 (Reuters) - Long-term buyers of U.S. liquefied natural gas (LNG) are willingly agreeing to higher liquefaction fees at newer export projects, according to analysts and developers familiar with the matter. The U.S. emerged in 2022 as the world's second largest LNG exporter on plentiful supplies of natural gas and relatively low processing costs per metric ton of LNG. But rising interest rates and higher construction costs have pushed up liquefaction fees, also known as tolling fees. Other developers are turning to increased equity investment in new projects to reduce the impact of higher interest rates on finance costs, said Poten's Feer.
Persons: Snow, Gary Cameron, Lyle Hanna, Jason Bennett, Baker Botts, Bennett, it's, Jason Feer, NextDecade, Feer, Poten's Feer, Curtis Williams, Marguerita Choy Organizations: REUTERS, Rights, Commonwealth LNG, LNG, U.S, Henry, Poten, Partners, Reuters, of Fossil Energy, Carbon Management, Cheniere Energy, Thomson Locations: Lusby , Maryland, U.S, Ukraine, Rio Grande, Houston
The department in May had refused a three-year extension to Energy Transfer's earlier license saying the request did not meet criteria for a second extension. Several other companies including Commonwealth LNG have been waiting years for their non-FTA license to be approved by the DOE. Energy Transfer has been pursuing the multi-billion-dollar Lake Charles LNG project since 2012 and in its latest filing said it could not finish the plant before the existing license's 2025 deadline. Rival Commonwealth LNG told Reuters it would not object to Energy Transfer's application being expedited. "We are advancing our project and whatever happens between the DOE and Energy Transfer has nothing to do with us", Hanna said.
Persons: Kelcy Warren, Lyle Hanna, Hanna, Curtis Williams, Grant McCool Organizations: HOUSTON, Energy, U.S . Department of Energy, DOE, Commonwealth LNG, Reuters, Thomson Locations: Charles , Louisiana, Charles, Dallas, Japan, South Korea, Houston
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