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Record Natural Gas Demand Growth Expected After LNG Contracting, FIDs Hit Overdrive, IEA Says

Natural Gas Intelligence · last updated

LNG contracting and final investment decisions (FID) for new export terminals reached multi-year highs in 2025, according to the International Energy Agency (IEA).

This chart tracks global LNG export terminal FIDs from 2014 to 2025, highlighting capacity surges led by the United States, Qatar and Russia, reflecting cyclical investment waves in global liquefied natural gas supply.

At A Glance:

  • FIDs hit highest level since 2019
  • Contracting strongest in a decade
  • Lower prices expected to drive demand