LNG Ltd. is delaying an FID on its 8 mtpa Magnolia LNG export project in the United States because of the US-China trade tensions, the company said on Monday.
“Earlier this year, we stated our target to make [an FID] by the end of the 2018 calendar year. We made that statement prior to the trade tensions that have manifested over the past months, which have caused headwinds for LNG transactions,” said Chief Executive Gregory Vesey.
The company is now targeting...
Great choice of article...
but you need a subscription for full access.
Stay informed with exclusive, accurate and up-to-date energy news, analysis and intelligence. Sign up for 7-day trial access to this and more premium content. It's free!
Get a free trial
Already a subscriber? Sign in