MNI: US TSY: LOWERS Q3 BORROWING ESTIMATE BY $106B TO $740B

MNI BRIEF: US Treasury Lowers Q3 Borrowing Estimate By $106B

MNI BRIEF: New Powers For UK Fiscal Body As Spending Overshot

MNI China Daily Summary: Monday, July 29

MNI: PBOC Net Injects CNY243.37 Bln via OMO Monday

MNI: PBOC Sets Yuan Parity Higher At 7.1316 Mon; -1.56% Y/Y

EZ/UK T-Bill Calendar: Belgium Nov 7, 2024 Short TC Due Tuesday

EZ/UK Bond Supply Calendar: Italy, UK Auction on Tuesday

BoE Data Watch

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Seven Year Deadline for US LNG Projects for Clarity to Overseas Buyers: DOE

LNG

The US decision to start enforcing a seven-year deadline for approved LNG export projects to begin operations was made to provide clarity to overseas buyers according to Brad Crabtree from the DOE.

  • The decision aims to address a “growing backlog” of projects that were authorised for export but have not moved to construction said Crabtree.
  • ”This overhang of authorised projects that have not proceeded to export has caused confusion overseas”. He added that in conversations with the DOE, prospective buyers were unclear if projects were “real or not”.
  • DOE will no longer consider applications for extensions unless an applicant can show it has physically begun construction and has faced "extenuating circumstances" beyond its control. LNG developers may have to see their applications lapse and then reapply.
Energy BulletsCommoditiesUS
Energy BulletsCommoditiesUS

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.