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
Deloitte Canada Set To Add Nearly 600,000 Bpd To Oil Supply Next Year - OilPrice.com
News OilPrice.com ·Albemarle's Liontown Ambitions Challenged By Billionaire's Bold Move | OilPrice.com - OilPrice.com
News OilPrice.com ·Albemarle's Liontown Ambitions Challenged By Billionaire's Bold Move - OilPrice.com
News OilPrice.com ·Baker Hughes to supply e-LNG systems for ADNOC Ruwais LNG project
News Clean Fuel - Offshore Energy ·BW LPG, ADNOC enter 1st LPG bunker supply deal in the Middle East
News Clean Fuel - Offshore Energy ·Leap into future: Qatar begins construction on mega gas field expansion - Arab News
News Arab News ·Qatar breaks ground on world's largest LNG expansion project
News Natural Gas World - Latest News ·Qatar presses start button on world's 'largest' LNG expansion project - TradeWinds
News TradeWinds ·Ireland denies LNG import terminal for climate reasons
News E&E News - Energywire ·Shell’s New Frontier 2 debuts LNG bunkering in Jamaica
News Clean Fuel - Offshore Energy ·Houston Ship Channel could host large-scale ammonia production and export project
News Clean Fuel - Offshore Energy ·Alexandroupolis LNG terminal wins €106 million European Commission grant
News Clean Fuel - Offshore Energy ·Baker Hughes scores ‘major technology order’ from Venture Global LNG
News Clean Fuel - Offshore Energy ·UAE's Bison Energy gets approval to acquire Pakistani LNG cos
News Natural Gas World - Latest News ·Hapag-Lloyd opens new Megamax era with naming of 1st dual-fuel 23,600 TEU giant
News Clean Fuel - Offshore Energy ·Project spotlight: Cedar LNG [Gas in Transition]
News Natural Gas World - Latest News ·Kawasaki Heavy delivers LPG-fueled LPG/ammonia carrier to Eneos
News Clean Fuel - Offshore Energy ·Envoy pushes climate change initiatives - The Manila Times
News The Manila Times ·Envoy pushes climate change initiatives - The Manila Times
News The Manila Times ·New Fortress sends last Fast LNG rig to Mexico
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.