Меню
  • $ 88.17 -0.34
  • 92.55 -0.56
  • ¥ 12.20 -0.02

Gazprom will have a little more time: in the US, they take away permits from LNG projects

Rio Grande LNG LNG Project at The Gulf of Mexico. Photo: next-decade.com

An appeals court in the United States has canceled permits for two LNG projects on the Gulf coast due to environmental reasons. Europe expects to abandon Russian gas in 2027, when the United States and Qatar should launch new LNG capacities. However, the process may not be as fast.

The Court of Appeals of the District of Columbia overturned the permits of the Federal Energy Regulatory Commission (FERC) for the Rio Grande LNG and Texas LNG LNG projects. The judges stated that the regulator needs to prepare a more complete analysis of the impact of projects on the environment.

▼ читать продолжение новости ▼

Revocation of permits and the need to start from scratch will be a significant blow to two projects and LNG exports from the United States. The capacity of Rio Grande LNG and Texas LNG is estimated at 32.4 million tons (about 45 billion cubic meters) per year. This is more than 15% of the new capacities that they want to launch in the US within a decade and have received FERC permits.

▼ читать продолжение новости ▼
"This is the second time that the District Court of the District of Columbia has ordered FERC to redo part of its analysis of two gas export terminals in accordance with the National Environmental Policy Act, but this is the first ruling relating to these projects that directs the commission to start from scratch," writes E&E News.

The decision to give the green light to two LNG projects was initially not liked by environmental groups and local residents, writes Offshore Energy. They decided to intervene in the proceedings and demanded a re-examination of the permit orders, arguing that the US regulatory agency's analysis of emissions and the impact of projects on climate change and environmental justice was inadequate.

In addition, climate activists accused FERC of failing to substantiate its findings on public interest and convenience in accordance with the Natural gas Act.

"Since the Federal Energy Regulatory Commission decided to reject their requests for a retrial, these climate activists have appealed to the US Court of Appeals for the District of Columbia," Offshore Energy continues.

NextDecade, the owner of Rio Grande LNG, stated that it disagrees with the court's conclusions and work on the first three liquefaction lines continues.

"The company planned to gradually launch three lines with a total capacity of 17.6 million tons per year (24 billion cubic meters) in the first stage from 2027 to 2029," Montel writes.

The project with a total capacity of 28.4 million tons (more than 39 billion cubic meters) attracted the attention of large gas buyers. For example, long-term contracts were signed by French TotalEnergies and Engie, Portuguese Galp and international trader Gunvor.

Montel added that the situation with the launch of new LNG projects in the United States is complicated by the delay with Golden Pass LNG with a capacity of 18 million tons per year (24.6 billion cubic meters). American ExxonMobil postponed the start of its commissioning for six months — until the end of 2025.

Delays in the launch of new projects make even more uncertain the plans of the European Union to abandon Russian gas in 2027.

As EADaily reported, Russian gas supplies to Europe increased by 22% to 18.2 billion cubic meters in the first seven months of the year. In part, Gazprom had to be a balancing company again and cover the imbalance due to the fact that some of the liquefied gas, mainly from the United States, went to the more attractive Asian market at prices. By betting on LNG, European consumers have become dependent on global flows. This explains why European officials are discussing the extension of transit through Ukraine, in which the Azerbaijani state-owned company Socar is considered a counterparty instead of Gazprom.

Due to sanctions and counter-sanctions, Gazprom has reduced supplies to Europe by about five times. The Russian company is working on redirecting flows. Negotiations are underway on the second gas pipeline to China — the Power of Siberia —2. It is planned to increase deliveries to Central Asia. Iran announced a megaproject of Russian gas supplies across the country — for domestic consumption and export to neighboring countries.

TOP-10
  • Now
  • Day
  • Week
  1. Alias Krasnov: ex-head of the National Security Committee of Kazakhstan again handed over the "Russian agent" of Trump
  2. WSJ: "Nord Streams" was blown up by Zaluzhny
  3. The grant is not a debt, and Trump is not eternal: Zelensky is not ready to recognize even 100 billion from the United States
  4. If Kiev mobilizes all citizens over the age of 16, then the war will last until 2044 - Budanov*
  5. Zelensky said he was not interested in the murder of Gonzalo Lira
  6. The Iskander-M strike destroyed the headquarters of foreign instructors in Krivoy Rog
  7. Russian paratroopers occupied half of the village of Lebedevka in the Kursk region
  8. Rules of the new world: Ukraine will become a zone of cooperation of nations without wars — Arestovich*
  9. Elections in Germany are held with a high turnout
  10. Poor Ville, Cosa Nostra and the Bidens, chatterbox Syrsky: morning coffee with EADaily
  1. WSJ: "Nord Streams" was blown up by Zaluzhny 1372
  2. Alias Krasnov: ex-head of the National Security Committee of Kazakhstan again handed over the "Russian agent" of Trump 1347
  3. Elon Musk's artificial intelligence Grok recommended the execution of Donald Trump 337
  4. If Kiev mobilizes all citizens over the age of 16, then the war will last until 2044 - Budanov* 316
  5. Singer Diana Arbenina fell from the balcony into the hall at a concert in St. Petersburg 236
  6. Zelensky was fired from the job he does, said Elon Musk 144
  7. Stunned: the United States inclines allies to block the Ukrainian resolution at the UN 120
  8. The Russian Armed Forces delivered a massive blow to Ukraine on the night of February 23 118
  9. Will sit on a life sentence: Arestovich ** will detain Zelensky if he becomes president 108
  10. A "naked provocation action" was held in Kiev on election day in Germany 105
  1. WSJ: "Nord Streams" was blown up by Zaluzhny 9534
  2. Alias Krasnov: ex-head of the National Security Committee of Kazakhstan again handed over the "Russian agent" of Trump 5448
  3. Musk has identified tens of millions of welfare recipients in the United States between the ages of 100 and 369 4849
  4. Zelensky opposed the holding of elections on Ukraine 3496
  5. Trump may withdraw US troops from the Baltic states amid talks with Putin — FT 2981
  6. Strange objects fall on Poland from space for the second day 2153
  7. If Kiev mobilizes all citizens over the age of 16, then the war will last until 2044 - Budanov* 2068
  8. Elon Musk accused Zelensky of murdering an American journalist 1123
  9. "Trump gave us three weeks to sign the surrender of Ukraine" — Finnish MEP 723
  10. Never received: Zelensky does not know where the $100 billion allocated by the United States to Kiev is. 670
All news
Show more news
Aggregators
Information