Liquefied natural gas
Driven by plentiful natural gas produced from shale plays, the United States began exporting liquefied natural gas in 2016 when the Sabine Pass terminal in Louisiana opened and shipped its first cargo. Since then, additional capacity, or trains, have been added to Sabine Pass, and terminals have become operational in Cameron Parish, La.; Hackberry, La.; Cove Point, Md.; and Corpus Christi, Texas. The Energy Information Administration projects that U.S. LNG export capacity will reach 8.9 billion cubic feet per day (Bcf/d) by the end of 2019, making it the third largest in the world, behind Australia and Qatar. The tariff war with China has the potential to impact some final investment decisions for additional terminals in the coming months.
The Latest
'First of its kind': BP and Woodside-backed gas development on the move - Upstream Online
News Upstream Online ·Baker Hughes’ gas technology selected for Texas LNG export terminal
News Clean Fuel - Offshore Energy ·How Shipping More US Gas to Europe Helped Fuel C02 Pollution
News gCaptain ·LPG Carriers Forced To Turn Around As Panama Canal Faces Water Crisis | OilPrice.com - OilPrice.com
News OilPrice.com ·U.S. Crude Oil Exports Are Soaring To Record Highs - OilPrice.com
News OilPrice.com ·U.S. Crude Oil Exports Are Soaring To Record Highs
News OilPrice ·UPDATE 2-New Fortress delays start of Mexico's first LNG plant to December - Yahoo Finance
News Yahoo Finance ·LPG Carriers Forced To Turn Around As Panama Canal Faces Water Crisis - OilPrice.com
News OilPrice.com ·TGE pressing on with construction of third LNG tank at Świnoujście
News Clean Fuel - Offshore Energy ·Democrats tout study saying LNG is dirtier than coal
News E&E News - Energywire ·CMES and PetroChina unit conclude 25-year lease deal for two LNG carriers
News Clean Fuel - Offshore Energy ·Baker Hughes and Wison to jointly explore future FLNG and LNG opportunities
News Clean Fuel - Offshore Energy ·Opinion: Natural gas is a dying commodity, and Canada needs to stop supporting it - The Globe and Mail
News The Globe and Mail ·Opinion: Natural gas is a dying commodity, and Canada needs to ... - The Globe and Mail
News The Globe and Mail ·List (Map) of All Proposed LNG Terminals in North America - Marcellus Drilling News
News Marcellus Drilling News ·Kinder Morgan to acquire NextEra’s South Texas assets
News Natural Gas World - Latest News ·MSC Cruises’ third LNG-powered ship hits construction milestone
News Clean Fuel - Offshore Energy ·More oil supertankers than ever are headed for the US to load up on crude for export as OPEC+ curbs supply - Yahoo Finance
News Yahoo Finance ·Equinor makes commercially viable gas discovery in North Sea
News Natural Gas World - Latest News ·FAQs
Liquefied Natural Gas is natural gas chilled to about -260 degrees Fahrenheit, until it becomes liquefied. When in a liquid state, natural gas takes up only 1/600th of the volume of natural gas, making it easier to move by ship, rail car or truck. LNG is typically shipped on special super-cooled tankers from export terminals to import terminals where it is reheated and returned to a gaseous state.
The greatest demand for LNG has been in East Asia and the Pacific. In 2021 South Korea and China were the largest importers of U.S. LNG, together importing about 25 percent of all U.S. LNG. Japan, Brazil, and Spain round out the top five countries importing LNG from the United States. But the Russian invasion of Ukraine in 2022 ultimately halted shipments of Russian natural gas to Europe, creating an urgent need in those countries for other sources of natural gas.
There are currently 20 LNG facilities operating in the United States, and another five are likely to begin operation by 2025.
Qatar is currently the largest exporter of LNG, followed by Australia. The United States has risen to the third largest exporter. Malaysia, Russia and Indonesia also export LNG. The International Energy Association forecasts that the U.S. will be the top exporter of LNG in the world by 2023.