U.S. pipeline giant Energy Transfer LP intends to secure deals for up to 14 million metric tons/year  (mmty) of LNG exports prior to making a final investment decision (FID) on its planned terminal in Lake Charles, LA, executives said during the second quarter earnings call.

energy transfer assets

Dallas-based Energy Transfer still expects the Lake Charles project to be sanctioned this year, management said. The project would help meet swelling global demand for liquefied natural gas. 

“We remain bullish about the future of our industry and the growing worldwide demand for natural gas,” co-CEO Thomas Long said on the quarterly conference call Wednesday.

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