Gulf Times: US Gas Export Clout Set to Grow with New LNG Approvals

20 April 2019

Tellurian and Sempra will face fierce competition as global gas supplies soar, however. New LNG terminals are sending cargoes across the world, and three more US projects may start up by the end of the year. LNG prices have fallen, calling into question the economics of new plants.

”FERC’s job is not to judge which projects are the most competitive or have the best chances of finding financing,” said Jason Feer, global head of business intelligence at shipbroker Poten & Partners Inc in Houston. “So while you need FERC approval to start construction, you still need to have all of the contracts or financial commitments you need to actually execute the project.”

To read the full article, click here.