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These initial assessments indicated that the facil- are eager to push ahead with new projects.
ity had sustained “minimal flooding and no cata- In Guyana, ExxonMobil is pressing the
strophic wind damage,” Sempra said. administration of Irfaan Ali, the country’s new
No date for a restart of Cameron LNG has president, to give a green light to plans for the
been provided, though the company said full development of another section of the Stabroek
operations would be restored “as soon as safely block. The government had said previously that
practicable.” it expected to finish a review of the US super-ma-
Despite the disruptions caused by Hurricane jor’s field development plan (FDP) for the Payara
Laura, US LNG exports are gathering steam after project in time to approve it before the end of
a significant slowdown over the summer. In a August. Last week, though, Natural Resources
different part of the US – in Georgia – Kinder Minister Vikram Bharrat said the deadline was
Morgan was reported to be loading its first cargo being pushed back by a few days.
in seven months from the Elba Island LNG In Brazil, plans for leasing out the Bahia LNG
terminal. terminal have drawn strong interest from Golar
The Maran Gas Hector LNG tanker arrived LNG. The head of the Bermuda-based com-
at the facility last week, in a boost to Kinder pany, which has already been authorised by the
Morgan after a lull in exports from Elba Island national oil company (NOC) Petrobras to partic-
amid a downturn in demand. The company also ipate in the bidding contest for the lease, stated
brought its tenth – and final – small-scale lique- last week that his company was eager to work
faction train online at the terminal last week. in Brazil as the country’s natural gas industry
With Elba Island fully online, the first wave opened up to outside investors.
of US LNG export capacity construction is now In Colombia, the head of a local industry
complete. A second wave is under way, also pri- group has said that the country’s hydrocarbon
marily on the Gulf Coast. Indeed, the two pro- sector may be able to attract hundreds of mil-
jects under construction currently – Venture lions of dollars from private companies before
Global’s Calcasieu Pass LNG and ExxonMobil the end of 2020. According to Francisco José
and Qatar Petroleum’s (QP) Golden Pass LNG Lloreda, the president of the Colombian Petro-
both had to provide updates in the wake of Hur- leum Association (ACP), private investors are
ricane Laura passing through the area. Neither willing to make about $715mn available for the
site is reported to have been significantly affected development of oil and gas projects.
by the storm.. This funding could play a crucial role in
the revival of the hydrocarbon sector and help
If you’d like to read more about the key events shaping jump-start the country’s economy, Lloreda said
the global LNG sector then please click here for last week.
NewsBase’s GLNG Monitor.
If you’d like to read more about the key events shaping
Latin America: Investors play up potential the Latin American oil and gas sector then please click
Investors in several South American countries here for NewsBase’s LatAmOil Monitor.

Week 35 02•September•2020 www. NEWSBASE .com P9