Gas Processing & LNG is Produced by Gulf Publishing Holdings LLC



Annova LNG approved for non-FTA export

The U.S. Department of Energy (DOE) has authorized Annova LNG to export liquefied natural gas (LNG) to nations where the United States does not have a free trade agreement (FTA), positioning Annova LNG to help coal-reliant nations diversify their energy supply with lower-carbon, U.S. produced natural gas. 

The 20-year authorization does not include countries with which trade is prohibited by U.S. law or policy. 

“This authorization from the DOE allows us to reach more customers worldwide and is another milestone accomplished as we make progress towards a final investment decision,” said Omar Khayum, CEO, Annova LNG. “Exporting natural gas through our well-controlled, renewable-powered liquefaction process to non-FTA countries that are heavy coal consumers will help reduce worldwide greenhouse gas emissions, which benefits us all.” 

DOE authorized export of approximately 360 billion cubic feet per year (Bcf/yr.), which corresponds to 6.95 MTPA, the optimal production capacity of the facility. Annova LNG plans to start operations of the facility at 6.5 MTPA and increase output as operating conditions and commercial demands allow.

The Federal Energy Regulatory Commission (FERC) approved construction of the facility on November 22, 2019.

“Our disciplined focus on structure, strategy and sustainability differentiates Annova LNG from our competitors and underpins our ability to create long-term value for our customers,” said Khayum. “Annova LNG is positioned to be one of the most sustainable and reliable providers of LNG from the United States.”

Specifically, the LNG facility plans to utilize electric-driven compressor engines and source its electricity through 100 percent carbon-free renewable energy resources.


Copyright © 2019. All market data is provided by Barchart Solutions. Futures: at least a 10 minute delay. Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.

                                  CMEGroup                                     Icelogo

FEATURED COLUMNS

Business Trends: China pushes shale gas drilling amid corporate shakeups
-Adrienne Blume
In what appears to be a move to increase domestic energy production and self-reliance, as well as boost competition among foreign companies, China is reorganizing its state-owned energy firms and widening the invitation to shale gas drillers.
Editorial Comment: A brighter future for methane hydrates?
-Adrienne Blume
Methane hydrates are three-dimensional ice-lattice structures in which natural gas is trapped.
Executive Viewpoint: Innovative DCS targets biogas, LNG applications
-Jani Hautaluoma
New technologies, both process and digital, are revitalizing the hydrocarbon processing industry. Gas Processing & LNG talked with Jani Hautaluoma, Director of Process Automation for Valmet Automation, about the application of new production processes and digital advances for biogas and LNG production.


Best Practices in Supporting Front Line HPI Operations Remotely in Response to Covid-19

Register Now

To ensure employee safety, HPI companies had to quickly pivot to a remote support model with many subject matter experts (SMEs) and engineering staff working remotely supporting front line, sequestered critical operations and field operators.

What are the best practices and lessons learned from this new remote operational support model? What have been technologies and work processes that are enabling effective and efficient remote operational support? Is this the “new norm” going forward even when the impact of Covid-19 abates? If not, how will remote support of critical operations be changed?

If this topic and questions are of interest to you and your organization, please attend this special HPI webinar with a panel of leading industry customer experts who will discuss their perspectives. Attendees will have the opportunity to ask questions for the panelists.

May 18, 2020 10:00 AM CDT

Register Now

 

Please read our Term and Conditions, Cookies Policy, and Privacy Policy before using the site. All material subject to strictly enforced copyright laws.
© 2020 Gulf Publishing Holdings LLC.