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Excelerate Energy LP has put plans on hold for an Gulf Coast terminal project due to the dropping price of crude oil according to reuters.
Lavaca Bay LNG project
"The Lavaca Bay LNG project is a floating LNG export facility. This $2.5 billion project—sited along the coast south of Point Comfort—will create jobs, inject billions of dollars into the U.S. economy, and open new markets worldwide for Texas-produced natural gas. Scheduled for completion in early 2019, this innovative LNG export facility will connect to existing natural gas pipelines in the region, supercool and condense gas into a liquid form for third-party owners of natural gas, and transfer the LNG to ships that will transport natural gas to global markets. "
Enlarge Image Source : FREC, ShaleExperts Global Project Database