Cheniere Energy Inc. is discussing commercially sanctioning an LNG growth project in 2022, while other LNG developers are signing supply deals, reports S&P Global.
The next several months could be pivotal for determining whether new U.S. LNG production capacity will make it to the construction stage. The global gas market appears likely to continue its recovery from pandemic-driven disruptions that muted investors’ appetite for new multibillion-dollar LNG infrastructure.
But it might also be a time when projects that have struggled for a long time finally fade away. Read the full story.