Editorial Comment

Between mid-2019 and mid-2020, the amount of LNG terminal capacity in construction around the world more than doubled. Combined, the CAPEX for LNG export and import projects in construction has increased from $82.8 B to $196.1 B. However, the COVID-19 pandemic has jeopardized the fate of LNG and FLNG export projects in the pre-construction stages. Due in part to this cost inflation amid the current economic volatility, final investment decisions (FIDs) or construction for at least two dozen LNG export projects have been canceled or postponed by 1 yr–2 yr. Some of these projects will be reexamined for FID in 2021, while investment will continue for the record number of LNG projects that took