Energy Transfer Seeks LNG Project Partners Before FID
Energy Transfer will only make the final investment decision on the Lake Charles LNG project after it finds buyers for 80% of its equity, the company said in its third-quarter earnings call. The Lake Charles LNG facility is a conversion of an import and regasification terminal into an export terminal. Earlier in the year, Energy Transfer said it aimed to make the final investment decision for the project by the end of 2025. Now, things look different. “We are in advanced discussions with MidOcean Energy related to its participation as a 30%…