Two big energy deals account for more than half the $250 billion in trade agreements with China that President Trump announced during his trip to Asia in early November: in West Virginia, $83.7 billion in shale-gas development and chemical manufacturing and, in Alaska, $43 billion to develop a pipeline and facility to export liquefied natural gas to China.
A Hong Kong-based company is seeking to build an $888-million liquefied-natural-gas terminal at Port Fourchon, the nation’s largest offshore oil-and-gas port. Energy World, operating as Fourchon LNG, would produce, export and use LNG to fuel the next generation of offshore supply vessels.
North America may be a little closer to quenching Asia's thirst for liquefied natural gas (LNG) after Royal Dutch Shell awarded a contract to TransCanada Corp. to design, build and operate a $4-billion pipeline in northeastern British Columbia.
The Federal Energy Regulatory Commission on April 16 approved plans by units of Cheniere Energy Partners to add up to four modular trains of natural-gas liquefaction and export capability to an existing liquefied-natural-gas terminal in Cameron Parish, La.