TheGlobe.com Inc (TGLO)

[JAB65]

From the article posted by Tweedking.

There are a dozen new LNG projects in the planning stage in the United States but, per recent Reuters calculations, just three of these have a chance of getting a final investment decision this year.

"Calculations" is a hyper link to this article.
.https://www.reuters.com/business/energy/us-lng-producers-poised-leapfrog-rivals-with-three-new-projects-2023-02-16/?rpc=401&;
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Two of the companies are publicly traded while the third, private, has been operating in the public eye for some time. Easy for the Reuters reporter to "pick" these three as the most likely to FID this year as analysts said at least three have secured enough customers to move ahead soon. One might have to delay FID according to the company "due to a high level of competition (read SPAs), it is taking longer than expected to reach a final investment decision on its announced Lake Charles liquefied natural gas (LNG) project."

Competition, brought on by the ever-changing dynamics that is LNG, has tilted the playing field in favor of the buyers. It's no longer enough for Delfin to say, low-cost producer, as a potential SPA will just say "So what? Wow me Delfin. Sempra has the muscle to negate your pricing model."

Our boys are working hard behind the scenes no doubt, lurking in the hold of an 18th century, rat infested whaleboat! Just the way they like it.