Dynamic Global Market Forces Take Toll on North American LNG Projects, an Industrial Info News Alert
SUGAR LAND, TX--(Marketwired - Nov 24, 2015) - Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- As the U.S. speeds toward its first exports of liquefied natural gas (LNG), a look in the rear-view mirror shows that billions of dollars of other North American LNG projects have been canceled or placed on hold over the last year or so, as LNG and crude-oil prices plummeted. The future may bring more project cancellations or delays for projects that have not yet secured tolling agreements, received their export licenses, or begun construction.
Within this article: Details LNG projects under construction as well as cancelled and on-hold projects.
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Source: Marketwired (Canada)
(November 24, 2015 - 7:30 AM EST)
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