Freeport LNG has delayed its target for making a final investment decision on whether to build fourth liquefaction at its Texas export facility until at least next year, amid market and coronavirus pandemic-related challenges that have hurt development efforts, the operator said June 23. Receive daily email alerts, subscriber notes & personalize your experience. Register Now With the ability to secure new long-term supply contracts with buyers to finance projects all but shut off, multiple other developers of new US terminals and liquefaction units have put off sanctioning decisions until 2021 or beyond. Some have stopped updating timing guidance. One integrated major, Shell, pulled out of a proposed export project in Louisiana. “As with most LNG projects around the world, COVID-19 and other market challenges have negatively impacted our development efforts,” […]