Virtually Overnight The US Becomes The World's Third Largest LNG Exporter -- Motley Fool -- Making America Great -- February 24, 209

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From Motley Fool via Yahoo!Finance -- why 2019 will be a big year for LNG?

Given how long it takes to bring liquefied natural gas (LNG) export terminals online, it's not exactly a surprise that 2019 will be a monumental year for the domestic industry. Investors saw it coming years ago. But that doesn't make the growth any less impressive.

Actually, I don't agree that it takes all that long (if you are building in Texas) -- remember, these are billion-dollar projects -- we started posting all the proposed facilities only a couple years ago, back in October 2016. Since then, a lot of terminals have come on line. Probably faster than the world can really adjust in the first place.

But I do agree with the second part of that paragraph: Investors saw it coming years ago.

Some data points:

• by late 2018, two terminals built, capacity to 3.6 billion cfpd
• Sabine Pass, owned by Cheniere Energy: 2.8 Bcf/d
• Cove Point, owned by Dominion Energy: 0.8 Bcf/d
• but by end the of 2019, four more LNG export terminals
• will double export capacity to 8.9 Bcf/d
• the US will become the world's 3rd-largest exporter of LNG (Qatar, #1; Australia, #2)
• players:
• Dominion Energy
• Kinder Morgan
• Sempra Energy (Cameron LNG terminal)
• Freeport LNG (privately held)