February 12, 2025 16:16 GMT
LNG: Energy Transfer Aims for Lake Charles FID in Q4 2025
LNG
Energy Transfer aims to make a final investment decision on the Lake Charles LNG export facility in Louisiana in Q4 2025, according to the company’s executives in an earnings call.
- “We continue to make progress toward full commercialization of this project, which we believe and many of our customers believe is the most compelling LNG project on the Gulf Coast.”
- “We have a really strong equity partner that we're now in negotiations with for a considerable amount of equity.”
- In December, Energy Transfer LNG agreed a 20 year sale and purchase agreement with Chevron to supply 2mtpa of LNG from the Lake Charles project.
- The project is fully permitted for three 5.5 MTPA liquefaction trains.
- The Lake Charles project would benefit from direct links to Energy Transfer's Trunkline pipeline connected to multiple basins, including the Haynesville, the Permian and the Marcellus Shale.
137 words