Leaders emerge in US race to FID
Projects face tough global competition for funding, but some lead the pack
The field of US liquefaction project proposals awaiting FID has thinned somewhat since the start of 2021. Of the projects that remain, not all will be built, and some are increasingly pulling ahead of others. In January, Houston-based NextDecade said it was scrapping plans for Galveston Bay LNG in Texas, having completed an evaluation of the site and determined it was not suitable for the development of an LNG facility. This was followed in March by news that the consortium behind Annova LNG was discontinuing its project at the Port of Brownsville, also in Texas. The group cited changes in the global LNG market but did not elaborate on its decision. LNG demand is now picking up again, but no
Also in this section
27 September 2023
Regional industry body ANGEA remains bullish about Asia's adoption of gas and LNG, despite elevated prices and logistical challenges
26 September 2023
Half a century after the 1973 conflict, the world is dramatically different. But OPEC’s power remains
26 September 2023
Bottlenecks continue to constrain gas-rich Appalachia, and relief may not be in the pipeline
22 September 2023
Former executives and a successor company are accused of complicity in Sudanese war crimes in what is now South Sudan
