• Energy Transfer LP management said it is “disappointed” in the pace of contracting activity for its Lake Charles LNG project. Slow progress signing up project offtakers has delayed a final investment decision, Co-CEO Marshall McCrea said Thursday during a call to discuss 2022 earnings results. 
  • The company has signed agreements to supply 8 million metric tons/year (mmty) of LNG so far, but it is aiming to secure 12 mmty in an “extremely competitive” LNG market full of other U.S. projects working toward sanctioning, McCrea said. 
  • European Commission Vice President Maros Sefcovic met with U.S. energy companies this week to discuss the European Union’s plans to jointly purchase natural gas. The bloc wants to begin pooling demand before summer and is working to enlist suppliers, member...