Shell is among energy companies that have filed arbitration cases against Venture Global LNG over its failure to supply fuel under long-term contracts
has submitted a letter to the U.S. Energy Department in support of Energy Transfer’s request for a new licence to export liquefied natural gas to countries without free trade agreements with the U.S., saying the pipeline operator is a reliable gas supplier.“Reliability of supply has become a key issue recently among nonfree trade countries purchasing U.S.
The DOE in May had refused a three-year extension to Energy Transfer’s earlier licence, saying the request did not meet criteria for a second extension. Several other companies including Commonwealth LNG have been waiting years for their non-FTA licence to be approved. Energy Transfer has been pursuing the multi-billion-dollar Lake Charles LNG project since 2012. In an August filing, it said it could not finish the plant before the existing licence’s 2025 deadline, so it wants to receive a new licence by Feb. 19, 2024 that would give it seven more years to complete the project.
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