The U.S. LNG industry has appeared to emerge from a development slowdown after the Covid-19 pandemic to a boom in contracts and final investment decisions (FID) for new export projects thanks to global energy market disruptions.

However, as the global market and supply chains continue adapting, rising hurdles for large-scale projects and the climate goals of some of the United States’ largest buyers are raising questions about how many projects realistically can be built.

Baker Botts LLP’s Jason Bennett, department chair of global projects, told NGI that despite the abrupt changes to global liquefied natural gas markets, the dynamics driving U.S. projects still is relatively unchanged.

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