) race ahead to build export terminals with fewer long-term contracts, while smaller developers struggle to find financing for their first plants.
“The industry is moving away from long-term agreements to justify construction of a new facility to a true commodity business,” said Charif Souki, co-founder and Chairman of Tellurian Inc . The company has delayed the start of construction to early next year from a previous target of the first half of this year, according to company presentations. It also reduced how much its partners need to invest in the project to receive LNG to $500 per tonne from a previous target of $1,500 per tonne.
Texas LNG already delayed its FID from 2019 to 2020, but Chandra said that decision may slip further.
Source: News Formal (newsformal.com)
Alaska has lots of gas & a NG Pipedream
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