some hope yet, page-41

The Future of America’s LNG plants is starting to look very promising with Cheniere increasing its capacity, is this yet another opportunity for Magnolia ?, partnering Cheniere in order to handle further productions demands ?.

https://www.bloomberg.com/news/arti...o-be-liquefying-natural-gas-at-a-fourth-plant

“Cheniere Energy Inc., the only company sending America’s shale gas overseas, has begun liquefying the fuel at a fourth plant, keeping the company on a track that will double its export capacity this year.”




“The Houston-based company is already producing liquefied natural gas from three plants at the terminal and is working to bring the fourth fully into service by the end of the year.”


“Pipeline deliveries of natural gas to the Sabine Pass terminal this year are already more than double what they were in 2016, according to ABB Inc.data compiled by Bloomberg. Cheniere is now taking about 2 billion cubic feet a day out of the U.S. market.”