Premium Industrial NewsLNG Production Projects Disrupted Amid Global Oversupply, COVID-19 Pandemic
LNG Production Projects Disrupted Amid Global Oversupply, COVID-19 Pandemic
Industry Segment: Production | Word Count: 1021 Words
SUGAR LAND--May 27, 2020--Researched by Industrial Info Resources (Sugar Land, Texas)--Stuck between the COVID-19 pandemic and an already oversupplied market, many liquefied natural gas (LNG) production projects across the globe are being put on hold, delayed or cancelled.
As of mid-May, Industrial Info was tracking more than $150 billion worth of LNG production projects that have been affected by COVID-19-related issues. This includes $50 billion in North American projects.
Within this article: Status of several U.S. LNG projects. Companies featured: Cheniere Energy Incorporated (NYSE:LNG), Sempra Energy (NYSE:SRE), Tellurian Incorporated's (NASDAQ:TELL)
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