LNG in World Markets: US LNG Contract Prices Rise on Higher Costs, EPC Price Refreshes

This current feature was extracted from the latest edition of Poten’s LNG in World Markets, a monthly service published on March 2025. Most US liquefaction fees are being discussed at $2.65-$2.95/MMBtu as EPC cost escalations show no sign of abating. Higher raw material prices, which are seeing further escalation because of tariffs, coupled with rising labor and financing costs are having a pronounced impact on US LNG liquefaction project implementation. The cost increases make it challenging for developers to keep engineering, procurement and construction (EPC) contracts valid as they try to move ahead with their LNG export projects. To read the full analysis, please click here.