The cargo of LPG from the Louisiana plant was delivered to the British gas owner a year lateWhen Centrica signed a deal to buy gas from Louisiana in 2013, the deal was hailed by the British Gas owner as a “landmark agreement” that would help to “ensure the UK’s future energy security”. Yesterday the company said that the first cargo of liquefied natural gas it had purchased from the site in America’s Deep South had finally set sail — a year later than planned and destined for France. The shipment is the first under a 20-year contract with Cheniere to buy gas from its Sabine Pass liquefaction plant, one of several new developments exporting abundant fracked gas from the United States. Centrica, a FTSE 100 group with profits of £1.4 billion in 2018, is Britain’s biggest household gas supplier. It also has…

Source: The Times September 30, 2019 23:02 UTC