One man’s loss is another’s gain: International projects benefit from the US pause| On Demand

Wednesday, April 10, 2024

9 AM Houston | 10 AM New York | 3 PM London | 5 PM Athens | 6 PM Doha | 7 PM Dubai | 11 PM Perth/Singapore

Panelists: 

• Moderator: Jason Feer, Global Head of Business Intelligence, Poten & Partners
• Melanie Lovatt, Financial Advisor, Poten & Partners
• Irwin Yeo, Senior LNG Analyst Asia-Pacific, Poten & Partners
• Sergio Chapa, Senior LNG Analyst Americas, Poten & Partners

The Biden Administration’s pause on export authorizations has shuffled the deck among US and Mexican LNG projects, delaying several leading players and giving hope (and more time) to those that were lagging behind. While US projects hope for a speedy resumption of permitting, project developers in the rest of the world are trying to take advantage of the uncertainty created by the US policy. 
 
Join Poten & Partners as our team of specialists discuss the outlook for global projects seeking positions as viable alternatives to the United States. But moving ahead means they will have to address tough questions on costs, political stability and their ability to deliver competitive projects on time. Our global team of analysts will consider:


Topics to be addressed include:

• Responding to the uncertainty in the United States, in February Qatar announced that it would build another two mega trains, adding an additional 19 MMt/y of new capacity to the nearly 50 MMt/y it already has under construction. Meanwhile, the UAE’s Ruwais LNG appears to have gained some momentum as US projects falter.
  
  
• Canada may be one of the biggest beneficiaries of the US pause, with progress accelerating despite ongoing concerns about costs and land-use issues. 
  
  
• What role can Africa play? Mozambique continues to wrestle with security concerns, prompting at least one potential investor to go offshore. Will neighbouring Tanzania step in? What about expansion projects in West Africa? 
  
  
• Russia is working to bring the first train from Arctic LNG 2 online this year, but what are the long-term prospects for the more than 200 MMt/y of capacity that it was promoting before the invasion of Ukraine?
  
  
• Lastly, what about some of the less well-known LNG prospects in Argentina, Guyana, Venezuela and Papua New Guinea, among others?