Steve October 9, 2020
rush-to-build-lng-export-terminals-falters-as-uncertainty-grows-over-financials
President Trump tours Cameron LNG's construction site in 2019

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On Monday, October 5, a ship left Cameron LNG, a liquefied natural gas (LNG) terminal shut down by Hurricane Laura, the powerful storm that made landfall on August 27 near Cameron, Louisiana, about 15 miles south of the plant. That tanker ship carried the first load of cargo shipped by Cameron LNG since Hurricane Laura struck more than five weeks earlier.

On Friday, Hurricane Delta is currently expected to make landfall in Louisiana, with forecasters predicting that it may strike in the same region as Laura. Authorities in nearby Cameron told the Weather Channel their community hadn’t issued a new mandatory evacuation order and didn’t plan to — because the town still remains under the mandatory evacuation order from Hurricane Laura.

For LNG‘s financial backers, downtime due to hurricanes represents another layer of risk and uncertainty brought to the forefront in a difficult year that’s seen many proposed projects delayed or deferred.

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