Asia Buyers of LNG From Frozen US Plants Study Other Options (1)

Jan. 30, 2024, 9:44 AM UTC

Asian liquefied natural gas buyers have begun looking for alternatives to offset potential delays to US projects hit by a moratorium on new approvals, in a potential boost for rival exporters.

Buyers, including those in major importers China and Japan, are reviewing options including new talks with already-licensed projects in the US or suppliers from other nations, according to people with knowledge of the matter.

While the consumers aren’t proposing to break any existing contracts, some of which are binding, they are looking to have alternatives in place in case the US pause on approvals leads to major delays, said ...

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