US pipeline operator, Energy Transfer, which is developing an LNG export project in Louisiana, has asking US federal regulators to extend the deadline for its construction by three years.
Energy Transfer's Lake Charles project is expected to benefit from President Trump's attempt to unleash US energy by supporting oil, gas and LNG exports.
Lake Charles was impacted by the Biden administration's refusal to grant an extension to Energy Transfer's license to export to countries other than those that have US free trade agreements.
The company’s new request would push the construction deadline back to 2031.
Energy Transfer's application cites the moratorium, the fact that it does not have a license to export to countries that do not have a US free trade agreement, the impact of the Biden pause on new licenses and the limited number of contractors with the ability to build LNG plants, as reasons for its delays in executing the project.
Energy Transfer claimed it had final sales and non-binding agreements for 15 mill tonnes per annum of the facility's 16.5 mill mill tonnes per annum capacity, and that it was making good progress toward a final investment decision (FID).
The company recently signed a non-binding agreement with MidOcean Energy for 5 mill tonnes per annum of LNG offtake, as well as a 30% stake in Lake Charles.
