Annova LNG granted FTA export permit

Image courtesy of Annova LNG

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).

The permit positions Annova LNG to help coal-reliant nations diversify their energy supply with U.S. produced natural gas, Annova LNG said in its statement.

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.

DOE authorized the 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 the construction of the facility on November 22, 2019.

Share this article

Follow LNG World News

Events>

<< Feb 2020 >>
MTWTFSS
27 28 29 30 31 1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 1

2nd Central and Eastern European Small Scale LNG Forum

The Forum is for LNG industry leaders, who want to keep up to date with Small-Scale LNG latest trends and many other topics!

read more >

2nd Global LNG Forum

Global LNG Forum is an exclusive networking and knowledge-sharing platform for top experts and business leaders in the industry.

read more >

LNG Pricing, Trading & Hedging: 3-Day Training Course – Houston / Feb 2020

This three-day training program provides a unique opportunity to learn and apply the practical skills, knowledge and tools needed to:…

read more >

LNG Pricing, Trading & Hedging: 3-Day Training Course – London / Mar 2020

This three-day training program provides a unique opportunity to learn and apply the practical skills…

read more >