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Energy Transfer Made a Surprising Decision
The Motley Fool· 2025-12-21 07:45
Energy Transfer continues to face roadblocks with Lake Charles LNG.Energy Transfer (ET +1.11%) has been trying to convert its Lake Charles terminal to a liquefied natural gas (LNG) export facility for the past decade. After numerous delays, the company appeared to be on the precipice of finally making a Final Investment Decision (FID) on that project early next year. However, instead of approving the project, the company announced its surprising decision to suspend the development of Lake Charles LNG. Here' ...