Rising LNG Terminal Costs Impacting Competitiveness of New US Projects, Analyst Says
Liquefied natural gas (LNG) terminal costs are on the rise in the US, making new projects less competitive, according to analyst Jason Feer, Poten’s business intelligence chief. Feer highlighted that firms proposing new export plants along the U.S. Gulf Coast may face greater risks in landing new customers than in regulation.
Feer pointed out potential risks facing LNG exporters, such as China’s political risks hindering its shift away from coal and increasing LNG demand by 5% over the next decade. Additionally, Europe might resume buying Russian gas if peace is achieved in Ukraine.
For more details, you can find the full article by clicking here. This development has significant implications for the industry and emphasizes the importance of understanding and navigating these complex market dynamics.
