Rising Calls for US LNG Revive Stalled Export Projects, But at Higher Costs

Soaring demand for U.S. LNG as buyers steer clear of Russian fuel is putting some long-stalled U.S. export projects back on track. But rising costs for materials and labor threaten to snarl these plants once again.

Two developers with projects sidelined due to the U.S.-China trade war – Energy Transfer with its Lake Charles LNG and Tellurian Inc. with its Driftwood LNG – have begun talks with construction provider Bechtel Group over costs, according to a spokesperson and regulatory filing.