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
Samsung Heavy to build 5 LNG-fuelled vessels for Taiwan’s Yang Ming
News Natural Gas World - Latest News ·BP ties up with Zhejiang Energy for trucked LNG sales in China
News Natural Gas World - Latest News ·QatarEnergy concludes 15-year LNG supply deal with Bangladesh
News Clean fuel - Offshore Energy ·Israel officially recognizes Energean’s Katlan reservoir as natural gas discovery - The Times of Israel
News The Times of Israel ·Kinder Morgan to increase gas storage capacity at Texas facility
News Natural Gas World - Latest News ·Iraq inaugurates gas liquefaction plant in Rumaila oilfield
News Natural Gas World - Latest News ·Yang Ming, HD Hyundai Heavy Industries seal deal for five 15,500 TEU LNG-fuelled containerships
News Clean fuel - Offshore Energy ·Louisiana natural gas pipeline finishes expansion; here’s how much capacity it will add - The Advocate
News The Advocate ·Tanzania to review approval of $42 bln LNG project in June
News Natural Gas World - Latest News ·POSCO International, LX to develop Dangjin LNG import terminal
News Natural Gas World - Latest News ·Texas plan to provide generators with incentives worth up to $1B annually heads to Gov. Abbott
News Utility Dive ·Fourth LNG dual-fuel bulker delivered to Himalaya Shipping
News Clean fuel - Offshore Energy ·KHI, DNV to cooperate on calculating GHG emissions in liquefied H2 supply chain
News Clean fuel - Offshore Energy ·MSC Euribia set to ply on world’s 1st net-zero cruise voyage using bio-LNG
News Clean fuel - Offshore Energy ·Seaspan’s 3rd 15,500 TEU LNG-powered containership sets sail on maiden voyage
News Clean fuel - Offshore Energy ·India scans the world for LNG as it battles China and Europe for supplies - Upstream Online
News Upstream Online ·Mozambique LNG project expected online by 2026-2027: ONGC
News Natural Gas World - Latest News ·Trio in battle for expansion of huge Adnoc LNG export terminal - Upstream Online
News Upstream Online ·CMES firms up deal with Dalian Shipbuilding for LNG carriers and oil tankers
News Clean fuel - Offshore Energy ·Investigation under way after incident at Pluto LNG - Upstream Online
News Upstream Online ·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.