Low oil prices could hobble the US' LNG hopes

The slide in oil prices is already undermining the economics of US-sourced LNG and delaying new projects, much to the benefit of existing projects in Australia.

If the loading of the first shipment of LNG from BG Group’s plant at Gladstone in Queensland this week represented a major milestone in the development of the local LNG sector, then the freezing of one of the most advanced US export LNG projects might provide a preview of another.

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