America’s LNG Problems Hit Banking Crisis Snags ...Middle East

OILPRICE - Economy
America’s LNG Problems Hit Banking Crisis Snags
source : OILPRICE ( Middle East ) () 117
The banking crisis that started with the failure of Silicon Valley Bank (SVB) is putting major U.S. LNG projects at risk, as rising interest rates and supply chain issues introduce financial challenges that have already led to delays. According to Reuters, two of four new projects that were slated for final investment decisions in Q1 of this year have seen the deadlines extended. Reuters cited Kpler’s lead natural gas analyst Eleni Papadopoulou as raising "concerns that banking lending activity might be pulled back” and we might see…

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