Norwegian Developer Eyes New LNG Export Project in US Gulf

An upstart liquefied natural gas developer that first considered constructing import terminals in Scotland and India is now turning its sights to building out export capacity from the US Gulf Coast, joining a slew of projects vying to supply the world.

Norwegian company Crown LNG Holdings Ltd. plans to start a new US LNG export project offshore in the Gulf of Mexico, Chief Executive Officer Swapan Kataria said.

Crown’s project — still in its conception — would join an incoming wave of new supply from Qatar and the US that’s pressuring prices globally. While lower prices would help open up ...