"It's getting late. It's getting dark. It's much tougher," said Michael Webber, an independent LNG analyst and managing partner of Webber Research & Advisory. "Liquidity issues are going to have real teeth to them next year. The rubber will meet the road for a lot of these projects."
The picture is bleaker for several other projects - Shell- and Energy Transfer-backed Lake Charles LNG in Louisiana, Exelon-backed Annova LNG in Texas, LNG Limited's Magnolia LNG in Louisiana, Pembina's Jordan Cove LNG in Oregon, Kinder Morgan's Gulf LNG in Mississippi and Texas LNG in Brownsville have not announced any firm long-term contracts tied to their proposed supplies.
