Roundup: Spillway opening delayed / Cheniere to invest $1.5B / Sasol plant online

    Morganza: The Morganza Spillway opening has been delayed once again, this time until Sunday, June 9. The U.S. Army Corps of Engineers tweeted the delay is caused by changes in the river forecast.

    Last one: Cheniere Energy Partners announced today it will invest $1.5 billion, borrowed from 29 financial institutions, to construct a sixth LNG transport unit at the Sabine Pass liquefaction plant in Cameron Parish. Cheniere currently has five units inside its Sabine Pass terminal and planned for six in total as part of an $18 billion project. Read the full announcement.

    Five to go: Sasol today announced its new ethylene oxide production facility in Lake Charles is now fully operational. The plant is the second of seven chemical facilities Sasol has underway at its Lake Charles complex. Bernard Klingenberg, executive vice president for operations says the company plans to bring the remaining five plants online over the next year or so. Ethylene oxide is used as a raw material to produce the active ingredient in many household and industrial cleaners and another substance used to make polyester fibers. Read the full announcement.  

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