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Delays in seven North American LNG projects are disrupting Korean companies' plans to procure LNG. Notable projects include Lake Charles LNG and Saguaro Energia LNG. SK Gas's agreement with Energy Transfer for 400,000 tons of LNG annually is delayed indefinitely due to rising construction costs and permitting issues.

Similarly, POSCO International's contract with Mexico Pacific for 700,000 tons per year faces uncertainty as FID procedures are stalled. Rising labor costs and U.S. interest rates, which increased from 0% to 5% since 2022, are key factors exacerbating delays. Korean shipbuilders like Samsung E&A and Samsung Heavy Industries also face uncertainty in their contracts related to these LNG projects.