Many of the world’s most expensive fossil fuel projects are hitting the skids, a sign that energy-hungry developing nations in Asia and investors in the EU and US are increasingly wary that liquified natural gas (LNG) import-export terminals could turn into multibillion-dollar boondoggles.Liquified natural gas (LNG) is the last great fossil fuel gold rush. As countries rich and poor look for ways to phase out their use of climate-killing coal for electricity production, many see natural gas as a natural second choice. In order for gas to be traded between major producers like the US, Qatar, Russia, and centers of demand in Europe, southeast Asia, and elsewhere, it must be converted to liquid
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