DOE Gives Lake Charles LNG Until December 2031 to Begin Exporting

In April, we told you that Energy Transfer’s (ET) Lake Charles LNG project had landed a new partner to help pay for the project, MidOcean Energy, which will cover 30% of the cost of building the plant (see MidOcean Partners with Energy Transfer on Lake Charles LNG Exports). Not long after that news, ET filed a request with the Federal Energy Regulatory Commission (FERC) to add an extra three years to the permit to complete the facility's construction and bring it online. FERC responded in the affirmative in May (see FERC Grants Request to Extend Lake Charles LNG Construction by 3 Yrs). The Department of Energy (DOE) issued its blessing for the delayed timeline on Friday.

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