07152018Sun
Last updateFri, 13 Jul 2018 4pm

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End-User News

Plans Scrapped for $14 Billion LNG Plant in Louisiana

Low oil prices and market volatility have caused Sasol to drop plans for an $11-14 billion plant in Mossville, LA “just outside of Lake Charles, to convert natural gas to liquid fuels and to pull out of Canadian shale,” the Associated Press reports.

“The company had announced in January that it was delaying final investment plans for the plant near Lake Charles because of a collapse in world oil prices.” 

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