Lake Charles LNG has been given extra time to start exports of LNG to non-free trade agreement (FTA) countries from the Lake Charles plant.
Energy Transfer received a much-needed extension on its Department of Energy (DOE) non-FTA export license. The Energy Transfer–led project was previously denied a second extension and told to reapply. Then, the project had further delays during the Biden administration’s permitting pause.
With this extension, the project now has until late 2031 to begin exports. The terminal has more than 70% of its capacity covered by long-term contracts, with the remaining 30% under a non-binding equity agreement with MidOcean Energy. Once fully constructed, the project will be capable of exporting up to 2.33 Bcf/d of LNG.
Energy Transfer has said it was targeting FID by the end of the year, but had been awaiting the DOE export license. For more insights on the LNG industry, check out our LNG Voyager Weekly Report.
