Energy Transfer Could Be Getting Close to Securing a Much-Needed Partner
ETEnergy Transfer(ET) The Motley Fool·2024-02-11 19:44

Energy Transfer (ET 0.22%) has been working to convert its Lake Charles facility from importing natural gas to a liquefied natural gas (LNG) export terminal for over a decade. The company has faced a series of obstacles while developing the project, including commodity price volatility, the loss of its joint venture partner, and troubles with the regulatory process. These issues have caused long delays. However, it's reportedly getting close to finding a new partner to help fund the project. While that woul ...