re: Sadvocate article: Is Louisiana’s LNG boom slowing down?

Yea, construction is happening but they are still burning $$$.

I think this is more about fear of getting left holding the bag than regulatory burdens.

These are incredibly expensive projects, particularly for the greenfield sites with little/no existing infrastructure. And while they are very profitable right now, it’s a dynamic market with very real risk.

These companies are watching domestic gas prices, international gas prices, further FERC approvals, and their competitors to make sure they don’t lose their asses. If the domestic/international price spread becomes too small, or too many other export facilities come online, the economics could shift.

Add the further complication of inflation ruining budgets, and you get a scenario where the companies are stuck at the starting line.

It’s not particularly unusual. The same thing happened with methanol plants a few years ago. I expect we will eventually see a similar pause in the current ammonia boom as well.