31 December 2014 - A project proposed by Texas-based Excelerate Energy has reportedly become the first liquefied natural gas victim of slumping US oil prices. According to Reuters, citing regulatory documents, Excelerate has put on hold plans to buil a floating 8 million tonne-per-annum export plant in Lavaca Bay, Texas. The proposed $2.5 billion project […] More »
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Wednesday, 31 December 2014
Oil price ‘claims first US LNG victim’
31 December 2014 - A project proposed by Texas-based Excelerate Energy has reportedly become the first liquefied natural gas victim of slumping US oil prices. According to Reuters, citing regulatory documents, Excelerate has put on hold plans to buil a floating 8 million tonne-per-annum export plant in Lavaca Bay, Texas. The proposed $2.5 billion project […] More »
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