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Energy Transfer Will Not Greenlight Lake Charles LNG Project Before 80% Sold to Equity Partners

Business & Policy
November 6, 2025

The company earlier this year signed a non-binding agreement with MidOcean Energy to jointly develop the Lake Charles LNG export facility.

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MidOcean is expected to pay for 30% of the construction costs of the facility and receive 30% of the LNG production, or roughly 5 million metric tonnes per annum (MTPA).

(Reporting by Georgina McCartney and Curtis Williams in Houston; Editing by Chris Reese)