Potential Philadelphia LNG Export Facility Appears to be Dead

In early 2024, we reported that Penn America Energy CEO Franc James, the potential builder of the proposed Penn LNG export facility in the Philadelphia area, said that he “pumped the brakes” on the project but that it wasn’t dead yet (see Penn LNG CEO Says Philly Export Project on Hold, “Not Dead Yet”). Antis will be delighted to learn that all of their fussing has had an effect. It appears the project is likely now dead. The developer, Penn America Energy Holdings LLC, has reportedly been dissolved. While some individual entities may still exist, the core organization responsible for advancing the project is no longer active in its original form.

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