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Energy Transfer has terminated multiple LNG offtake agreements due to the failure to satisfy conditions regarding the final investment decision for the Lake Charles LNG project. The company announced the suspension of the facility's development in December.

Lake Charles LNG had an expected liquefaction capacity of 16.45 million metric tons per annum, with contracts from customers like Chevron for 3 mtpa. Agreements not contingent on the final investment decision remain valid, and Energy Transfer is open to including them in a potential sale of the project, although it will not fund it and is willing to provide gas instead.