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
21 April 2026
After overcoming a COVID-induced demand collapse with several years of successful market management, geopolitical events have conspired to provide the pact’s biggest test to date
21 April 2026
The regime’s policy of using nuclear ambiguity as a deterrent may have failed but it has realised it has other cards to play, while its neighbours are reappraising their approach to security
21 April 2026
As the global energy system undergoes a fundamental realignment, Algihaz Holdings has established itself as a critical player bridging conventional energy markets and the next generation of renewable infrastructure.
21 April 2026
The 25th WPC Energy Congress is taking place from 11-15 October 2026 at the Riyadh Front Exhibition & Conference Center.
