US LNG has been the focus of several new venture agreements during the last quarter. Golar agreed with Delfin Midstream to jointly develop the Delfin FLNG project, and KOGAS signed deals with the developers of Alaska, Lake Charles and Port Arthur. It also extended an earlier initiative with ExxonMobil to include US LNG.
Although the KOGAS project agreements are non-binding, they are notable in the context of South Korea's recent policy shift towards LNG and renewables in power generation. KOGAS is also one of several big LNG buyers that have long-term supply contracts rolling off in the mid 2020s. Changes at other North American pre-FID LNG projects in this update include:
Pacific NorthWest decides not to proceed
Freeport LNG started the formal FERC review for a proposed fourth train
Jordan Cove concluded EPC terms
Next Decade announced an MoU for a full supply chain LNG project for the Irish gas market
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Q3 17 North America LNG FID Tracker.xls XLS - 6.98 MB
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Insight | Sep 2017
Q3 2017 North America LNG projects update: KOGAS studies options for more US LNG
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