Energy Transfer (ET) has secured enough agreements to make a final investment decision on its Lake Charles LNG project in early 2026, a company executive said on Wednesday at the Reuters Energy Live conference in Houston.
Marketing has been the most uncertain part of the project, but the work is complete and Energy Transfer (ET) has secured enough liquefied natural gas volumes to make the FID early next year, Lake Charles LNG VP Amy Chen Davis told the conference.
Davis said she was not espeecially concerned about the possibility of a long-term LNG supply glut because lower prices often lead to higher demand.
Energy Transfer (ET) has been developing the Lake Charles LNG export facility in Louisiana, with capacity of 16.5 million metric tons/year; it said last month that it wanted to sell 80% of the project to equity partners.