RBN Energy: is US LNG development cornered by the big three developers? Archived.
This year there’s been unprecedented forward momentum for LNG development.
Since 2022 began, two U.S. projects have reached a final investment decision (FID), with a third expected to reach that milestone in early 2023.
Offtakers have committed to 38 metric tons per annum (MMtpa), or 4.9 Bcf/d, of long-term LNG contracts from these and other proposed terminals this year and there’s another handful of U.S. projects with a realistic shot at FID in the next year or so, not to mention others in Mexico and Canada.
Progress on the LNG front has been dominated by three companies: Cheniere, Sempra and Venture Global. While there are other projects inching closer to FID, those from the proven LNG developers — our “three kings” — have leapfrogged to the front of the line. In today’s RBN blog, we look at what those three have under development and what it means for everyone else trying to build LNG export capacity.
No comments:
Post a Comment