As the world’s largest LNG exporter, the United States holds great sway over the state of the gas trade globally. Currently, five LNG export projects are under construction with a combined 9.7 Bcf/d of LNG export capacity, according to the United States Energy Information Administration. The projects include Golden Pass, Plaquemines, Corpus Christi Stage III, Rio Grande, and Port Arthur.
But building work at Golden Pass LNG export terminal has been delayed following bankruptcy filings from lead contractor Zachary Holdings. In addition, owners of Freeport LNG - which can produce 15 mpta - have taken its contractors to court over alleged installation defects. These lingering construction worries, combined with wrangles over delivery of long-term contracts, could impact security of supply and buyers' purchasing strategies, industry experts have told Gas Matters Today.
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