The EIA expects US LNG exports to increase by 6pc year-on-year by close of 2021
Asian demand green lights US LNG
Chinese deals are driving boom in cargoes and LNG export capacity
The US LNG sector is enjoying a period of relative strength, with FIDs looming for several projects. And US exporter Cheniere Energy added to the positivity in late November by announcing that it had produced its first LNG from Train 6 at its Sabine Pass terminal in Louisiana, with substantial completion anticipated in the first quarter of 2022. Shortly afterwards, Cheniere revealed it had struck a 20-year deal to supply LNG to China’s Foran Energy Group. The SPA, covering 300,000t/yr to be delivered from 2023, is the fourth offtake deal struck by the US company since early October. Three of the four deals were with Chinese buyers, part of a broader trend of growing Chinese interest in US LN
Also in this section
12 December 2025
The latest edition of our annual Outlook publication, titled 'The shape of energy to come: Creating unique pathways and managing shifting alliances', is available now
12 December 2025
The federal government is working with Alberta to improve the country’s access to Asian markets and reduce dependence on the US, but there are challenges to their plans
11 December 2025
The removal of the ban on oil and gas exploration and an overhaul of the system sends all the right messages for energy security, affordability and sustainability
10 December 2025
The economic and environmental cost of the seven-year exploration ban will be felt long after its removal
