gas exports in any form,” a Glenfarne spokesperson said.Įnergy Transfer appealed the rejection of its permit extension, but has had one customer considering whether to go elsewhere, co-CEO Marshall McCrea told analysts this month. "Both projects represent exactly the type of forward-thinking environmentally sensitive model the DOE wants for U.S. Glenfarne Group, which has two plants - Texas LNG and Magnolia LNG - on Rapidan's list of at-risk projects, said it is confident the DOE ultimately will provide extensions. Without extensions to obtain non-Free Trade Agreement permits, financing for new entrants could dry up, and "for many of these projects, it looks like 'game over,'" said Alex Munton, Rapidan's Global Gas Service director. and Mexico that would process more than 20 billion cubic feet per day (bcfd) of exports now face difficulties moving forward because of the change, according to an analysis from consultants Rapidan Energy Group. The change will fall heavily on firms without a track record and available financing, analysts said.Īround a dozen LNG projects in the U.S.
The DOE last month said it would grant future extensions solely on extenuating circumstances and rejected an extension for Energy Transfer's (ET.N) proposed Lake Charles LNG project. Department of Energy's refusal to grant export permit extensions to liquefied natural gas (LNG) developers that fail to meet a construction deadline poses a new hurdle for greenfield plants, analysts said on Thursday.
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