Second Fatality In A Month At Sabine Pass
Media reports indicate that a worker died at the new Sabine Pass LNG terminal in Texas on November 9. The person was found unresponsive and was transported to a medical facility nearby. Local authorities confirmed the worker's death to media.
The person’s identity and the cause of death were not immediately available to the public.
This is the second work-related fatality at Sabine Pass in a month. On October 17, Donald Jenkins of Beaumont, Texas died after falling from a scaffold at the plant.
The engineering and construction company Bechtel is currently finishing LNG exporter Cheniere's facility at the Sabine Pass terminal. The plant is expected to receive feed gas towards the end of this year, with the first cargo of LNG to go out early in 2016.
Separately, reports indicate that the first LNG vessel to call at Sabine Pass is under way in the Indian Ocean. The tanker Energy Atlantic will be the first of a series of test cargoes as production ramps up at the plant.
American LNG exports will face stiff global competition in a glutted market – especially with other new players entering, like Iran, which is targeting European sales by making major investments in LNG export.
Cheniere could find a market nearer to home with relatively high purchase prices in the Americas – as of October, higher even than those in Europe and Asia. The Federal Energy Regulatory Commission (FERC) reported October weekly average prices running above $7.50 per MMBtu landed in Mexico, Brazil and Argentina, versus $6.65 in Spain and $7.10 in China.
In a report released November 10, consultants Wood Mackenzie forecast a major fall-off in LNG plant construction in an oversupplied market, predicting that building would peak in 2015 and decline sharply thereafter.