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OIL & GAS

Fewer LNG projects expected to gain approval in 2025

Rising costs and service sector pressures to slow new developments says Wood Mackenzie

Staff Writer
Workers observing an LNG infrastructure at Woodside's Pluto LNG facilitiy in Western Australia.

Workers observing an LNG infrastructure at Woodside's Pluto LNG facilitiy in Western Australia. | Credits: Woodside Energy.

The number of global LNG projects reaching final investment decisions in 2025 is expected to decline compared to 2024, as rising costs and a tightening service sector deter new commitments.   That's...

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