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Energy Transfer halts Lake Charles LNG project, prioritizing pipeline expansion for better returns.
Energy Transfer has paused its Lake Charles LNG export project in Louisiana, shifting focus to expand its natural gas pipeline infrastructure, particularly the Transwestern pipeline system.
The decision, citing better risk-adjusted returns from pipelines, comes despite prior progress, including off-take agreements with major firms like Chevron and Shell.
The company did not set a timeline for reconsidering the LNG project, highlighting evolving priorities amid market uncertainty and regulatory challenges in the U.S. LNG sector.
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Energy Transfer detiene el proyecto de GNL de Lake Charles, dando prioridad a la expansión del oleoducto para obtener mejores rendimientos.