FERC has given the proposed Magnolia liquefied natural gas (LNG) export project near Lake Charles, LA, and an associated Kinder Morgan Inc. pipeline expansion five additional years to be placed in service because of the difficulty in securing long-term customers to finance the project.

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The 8.8 million metric ton/year (mmty) project and the so-called Lake Charles Expansion Project on the Kinder Morgan Louisiana Pipeline (KMLP) must be placed in service by April 15, 2026, the Federal Energy Regulatory Commission said Wednesday. The proposed KMLP line would supply up to 1.4 Bcf/d to the project for 20 years. 

Magnolia owner Glenfarne Group LLC and Kinder Morgan last month requested the time extension because “unforeseeable developments in the global LNG market have affected...