Near-term outlook said to dim for further North American LNG export development

摘要

Demand, supply chain and capital budget shocks from the coronaviruspandemic make it unlikely any more North American LNG export projectswill secure financing for construction in the next five or six years,according to an S&P Global Platts Analytics outlook issued June 23.In recent months, final investment decisions on multiple US andCanadian LNG export projects have been delayed to 2021 or beyond.Some developers have stopped issuing timing guidance. In Mexico,Sempra Energy’s Energia Costa Azul had been targeting FID by the endof June, but recently cautioned that receipt of a key permit could beslowed due to the virus.