Energy Transfer will not greenlight Lake Charles LNG project before 80% sold to equity partners

Core Viewpoint - Energy Transfer will delay the financial approval for its Lake Charles liquefied natural gas export facility until 80% of the project has been sold to equity partners [1] Company Summary - Energy Transfer is a U.S. pipeline operator focused on liquefied natural gas (LNG) export projects [1] - The Lake Charles facility is located in Louisiana and is part of the company's broader strategy in the LNG market [1] Industry Summary - The LNG export market is highly dependent on securing equity partners to mitigate financial risks associated with large-scale projects [1] - The requirement of selling 80% of the project to equity partners reflects the industry's cautious approach to investment in LNG infrastructure [1]