US LNG industry under pressure as challenges and uncertainty mount

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The story "US LNG industry under pressure as challenges and uncertainty mount" was covered 18 hours ago by Financial Times, a news publisher based in United States.

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Financial Times 18h ago

US LNG industry under pressure as challenges and uncertainty mount - Financial Times

Quick Summary:

The Carrizo/Comecrudo tribe of Texas, which was among the plaintiffs in the case against NextDecade, said the project had ridden roughshod over sacred lands and vowed to continue to staunchly oppose it.“We will fight until our last penny,” Juan Mancias, tribal chair, told the FT.

When fully operational, the combined export capacity of the Golden Pass and Rio Grande facilities is set to reach as much as 5.9bn cubic feet per day, almost half of the volume shipped by the US last year.

The US liquefied natural gas industry faces mounting challenges as legal clashes with activists and contractors combine with a federal permitting freeze to slow the expansion of the world’s biggest exporter.