
Energy Transfer discusses Shell exit from Lake Charles LNG project
Energy Transfer has released a statement commenting on Shell’s decision not to proceed with an equity investment in the Lake Charles LNG project due to current market conditions.
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Energy Transfer has released a statement commenting on Shell’s decision not to proceed with an equity investment in the Lake Charles LNG project due to current market conditions.

Shell has announced that, given the current market conditions, it has decided not to proceed with an equity interest in the proposed Lake Charles LNG project.

Dominion Energy has completed its acquisition of Pivotal LNG from Southern Company and assumed part ownership of JAX LNG.

LNG Canada has announced that, due to the ongoing coronavirus pandemic, it has had to temporarily reduce its workforce by 50%.

Tellurian has extended the maturity of its 2019 term loan to November 2021.

Santos has provided an update on the measures it is taking in response to COVID-19 and the current lower oil price environment.

According to Reuters, it is looking likely that ExxonMobil will delay greenlighting its US$30 billion Rovuma LNG project in Mozambique due to the disruption caused by the coronavirus pandemic, and a depressed gas market.

Sound Energy has provided an update on its activities in Eastern Morocco.

PNG LNG, operated by Exxon Mobil Corp, has sold an LNG cargo for loading in April.

Pembina Pipeline Corp. has received approval from the US Federal Energy Regulatory Commission for its proposed Jordan Cove LNG terminal and Pacific Connector Gas Pipeline.

INOX India has signed an MOU with Shell Energy India Pvt Ltd for partnering and developing the market for LNG supply by road.

According to Reuters, Cheniere Energy Inc. has announced that it does not expect production at its facilities to be affected by the steps it has taken to protect employees against the coronavirus.