- BusinessReuters
RPT-FOCUS-Global gas rally to kickstart long-stalled U.S. LNG projects
High global natural gas prices are breaking a two-year logjam of new U.S. liquefied natural gas (LNG) projects with at least three of the multibillion-dollar proposals likely achieving enough supply contracts to start construction this year, said developers and industry experts. A Louisiana project that received a green light in 2019 was the last wholly new U.S. plant to receive a go-ahead, benefiting from then-strong demand from China and utilities swapping to LNG from coal. But super-hot demand for the fuel in northern Europe and China have pushed global gas prices to near record highs, reviving financing prospects for plants that chill natural gas into liquid for transport by seaborne tankers.
BusinessBloombergBHP Slips as Quarter-Century Presence on FTSE 100 Draws to Close
(Bloomberg) -- BHP Group Plc shares slipped on their last trading day as an FTSE 100 member as the miner’s near quarter-century association with the benchmark draws to a close.Most Read from BloombergApple to Rival Square by Turning iPhones Into Payment TerminalsHow a Fox News Interview Threw the Antiwork Subreddit Into ChaosCrypto Secrecy Makes DeFi a Financial Felon’s WonderlandStocks Drop in Roller-Coaster Ride for Wall Street: Markets WrapMike Lynch Loses $5 Billion Court Fight With HP Over
- BusinessReuters
FOCUS-Global gas rally to kickstart long-stalled U.S. LNG projects
High global natural gas prices are breaking a two-year logjam of new U.S. liquefied natural gas (LNG) projects with at least three of the multibillion-dollar proposals likely achieving enough supply contracts to start construction this year, said developers and industry experts. A Louisiana project that received a green light in 2019 was the last wholly new U.S. plant to receive a go-ahead, benefiting from then-strong demand from China and utilities swapping to LNG from coal. But super-hot demand for the fuel in northern Europe and China have pushed global gas prices to near record highs, reviving financing prospects for plants that chill natural gas into liquid for transport by seaborne tankers.
| Symbol | Last price | Change | % change |
|---|---|---|---|
| Symbol | Last price | Change | % change |
|---|---|---|---|
| Symbol | Last price | Change | % change |
|---|---|---|---|
| Symbol | Last price | Change | % change |
|---|---|---|---|
| Symbol | Last price | Change | % change |
|---|---|---|---|
| Symbol | Last price | Change | % change |
|---|---|---|---|
| Symbol | Last price | Change | % change |
|---|---|---|---|
