Energy Transfer has suspended plans for a liquefied natural gas export terminal in southwestern Louisiana. The Lake Charles LNG project is on hold, the Texas-based energy company announced Thursday.
Energy Transfer (NYSE: ET) has spent the better part of the past decade working to turn its Lake Charles facility from a natural gas import terminal to a liquefied natural gas (LNG) export facility.
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Billionaire Kelcy Warren’s Energy Transfer LP suspended development of a Louisiana liquefied natural gas export project to concentrate on building and expanding pipelines. The abrupt halt to an LNG ...