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
HK's 1st LNG import terminal goes into service
News Natural Gas World - Latest News ·BKV-BPP Power acquires Texas gas power plant
News Natural Gas World - Latest News ·Energy Transfer signs deals for Louisiana Lake Charles export plant
News Natural Gas World - Latest News ·Alberta’s premier working to win federal support for LNG
News Natural Gas World - Latest News ·NextDecade reaches FID for Rio Grande LNG
News Clean fuel - Offshore Energy ·Celsius’ newest dual-fuel LNG carrier named in South Korea
News Clean fuel - Offshore Energy ·Pasha Hawaii welcomes 2nd LNG-powered Ohana Class jewel into the fleet
News Clean fuel - Offshore Energy ·NextDecade Finalizes $18 Billion Investment to Construct Largest U.S. LNG Export Facility - gCaptain
News gCaptain ·Rio Grande, Texas LNG Opponents Again File Lawsuit Challenging Project Authorizations - Natural Gas Intelligence
News Natural Gas Intelligence ·Developer Confirms Funding For Massive Rio Grande Gas Terminal
News Inside Climate News ·NextDecade Announces Positive Final Investment Decision on Rio Grande LNG Phase 1 - Business Wire
News Business Wire ·NextDecade sanctions first $18.4bn phase of Rio Grande LNG
News Natural Gas World - Latest News ·More work for McDermott with Qatargas
News Clean fuel - Offshore Energy ·MOL's LNG-fuelled tugboat Ishin marks 100th LNG bunkering
News Natural Gas World - Latest News ·LNG Shipping launches inland LNG bunker barge chartered by Shell
News Clean fuel - Offshore Energy ·Keys Bunkering names LNG bunkering vessel in Japan
News Natural Gas World - Latest News ·NYK: Japan’s 1st LNG dual-fuel LNG bunkering vessel launched
News Clean fuel - Offshore Energy ·4th dual-fuel LPG carrier joins Dorian LPG’s fleet
News Clean fuel - Offshore Energy ·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.