US LNG exports can reach 200mn t/yr – Cheniere
North America, including Mexico, can make a substantial contribution to global supply
“We believe that the [US] upstream resource base… is very large and very attractive, [offering] decades and decades of affordable and reliable supply of gas from a massively fragmented industry that responds quickly to price signals,” Anatol Feygin, chief commercial officer of US LNG exporter Cheniere Energy told the Gastech conference in Milan on Tuesday. “Infrastructure is more of a challenge in North America today. The industry has to find ways to solve some of the permitting delays and cost overruns that we have seen with recent projects. It is much easier with intrastate solutions than interstate solutions. Ultimately, the market will resolve that,” he continues. 250mn t/yr – Comb
Also in this section
24 January 2025
Domestic companies in Nigeria and other African jurisdictions are buying assets from existing majors they view as more likely to deliver production upside under their stewardship
23 January 2025
The end of transit, though widely anticipated, leaves Europe paying a third more for gas than a year ago and greatly exposed to supply shocks
23 January 2025
The country’s government and E&P companies are leaving no stone unturned in their quest to increase domestic crude output as BP–ONGC tie-up leads the way
22 January 2025
The return of Donald Trump gives further evidence of ‘big oil’ as an investable asset, with the only question being whether anyone is really surprised