US powerhouse in the making
The LNG building boom is just getting underway. When it's done, the US will be the largest exporter in the world
First there was Qatar, then Australia. The next liquefied natural gas super producer will be the US. The American Gulf Coast is seeing a boom in the construction of new export facilities that will be fed by the nation's vast shale gas reserves. The wave of US LNG coming to the market started to build in 2016 when the first train of Cheniere Energy's Sabine Pass plant came on line, followed shortly thereafter by the second train. That project put US LNG on the map. In 2017, Trains 3 and 4 at Sabine Pass were completed, giving the US 18m tonnes a year of export capacity. Actual exports for 2017 were 12.24m tonnes. About a quarter of that went to Asia, another quarter to markets nearer to home
Also in this section
19 December 2024
Deepwater Development Conference welcomes Shell’s deepwater development manager to advisory board for March 2025 event
19 December 2024
The government must take the opportunity to harness the sector’s immense potential to support the long-term development of the UK’s low-carbon sector
18 December 2024
The energy transition will not succeed without a reliable baseload, but the world risks a shortfall unless more money goes into gas
18 December 2024
The December/January issue of Petroleum Economist is out now!