Next wave of U.S. LNG export projects to be ‘tougher’ -Blackstone Energy CEO

Financial Post | Sep 18, 2019 at 5:31 PM
  • The next wave of U.S. liquefied natural gas (LNG) export projects will be “tougher” to bring online, as companies with existing facilities take advantage of lower costs to expand capacity in coming years, the chief executive of Blackstone Energy Partners said on Wednesday.
  • The energy-focused private equity group, a unit of Blackstone Group, has owned a stake in Cheniere Energy, the nation’s biggest LNG exporter, since 2012.
  • Cheniere reached FID on an expansion of its Sabine Pass, Louisiana, LNG facility in June.