Dynamic Global Market Forces Take Toll on North American LNG Projects
Dynamic Global Market Forces Take Toll on North American LNG Projects
Attachment: Margin Advantages
SUGAR LAND--November 24, 2015--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--As the U.S. speeds toward its firstexports of liquefied natural gas (LNG), a look in the rear-view mirror shows that billions of dollars of other North American LNG projects have been canceled or placed on hold over the last year or so, as LNG and crude-oil prices plummeted. The future may bring more project cancellations or delays for projects that have not yet secured tolling agreements, received their export licenses, or begun construction.
Within this article: Details LNG projects under construction as well as cancelled and on- hold projects.
Additional companies: Cheniere Energy Incorporated (NYSE:LNG), Sempra Energy (NYSE:SRE), Dominion Resources Incorporated (NYSE:D)
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