(Source: Shutterstock.com)
Nine liquefaction projects under construction in North America, with an ability to add capacity of 98.6 million tonnes per annum (mtpa), are expected to come online by the end of 2027, according to an analysis by Poten & Partners.
North American’s LNG capacity is currently about 86.6 mtpa, based on U.S. Energy Information Administration data. The additions tracked by Poten would more than double LNG export capacity.
Of the projects, six are located in the U.S., two in Canada and one in Mexico, Poten said in a Sept. 26 analysis.
In 2024, two projects will come online by year-end: Venture Global LNG’s 13.3 mtpa Plaquemines LNG Phase 1 (Louisiana); and Cheniere Energy’s 10 mtpa Corpus Christi Stage III (Texas).
In 2025, three projects will come online:
- QatarEnergy and Exxon Mobil’s 18.1 mtpa Golden Pass LNG (Texas);
- Shell, Petronas, PetroChina, Mitsubishi and Korea Gas’ 14 mtpa LNG Canada (British Columbia); and Venture Global’s 6.7 mtpa Plaquemines LNG Phase 2 (Louisiana) in mid-2025.
RELATED
Exclusive Q&A: LNG Canada to Open Country Up to Asian, Global Markets
In 2026, one project will come online: Sempra’s 3.3 mtpa Energia Costa Azul (Mexico), according to Sempra’s new timetable.
In 2027, three projects will come online:
- NextDecade’s 17.6 mtpa Rio Grande LNG Phase 1 (Texas) in early-2027);
- Sempra’s 13.5 mtpa Port Arthur LNG Phase 1; and
- Pacific Energy and Enbridge’s 2.1 mtpa Woodfibre LNG (British Columbia).
Poten expects LNG supply growth of around 186 mtpa over the next 10 years, which would represent a 3.8% CAGR. Also within the next 10 years, Poten expects the market share of the top 10 LNG producers to rise to 88% from around 82% now. Five of the top 10 producers are state controlled or state monopolies, according to Poten.
The U.S.’ share of the LNG market is expected to reach 29% in 10 years from 21% now, Poten said.
RELATED
No End in Sight: Biden’s Pause Has Far-reaching Consequences
Recommended Reading
Oil Hits Five-Month High After US Attacks Key Iranian Nuclear Sites
2025-06-23 - Oil prices jumped on June 23 to their highest since January as the U.S.' weekend move to join Israel in attacking Iran's nuclear facilities stoked supply worries.
Anschutz Charges Ahead with 3-Mile Powder River Laterals
2025-06-22 - Anschutz Exploration Corp., the leading Powder River Basin developer and Wyoming’s top oil producer, is drilling its first 3-mile laterals on a pad in Johnson County, Wyoming.
Woodside, Jera Sign Winter-Only Supply Deal
2025-06-20 - Woodside will supply Jera with 200,000 metric tons of LNG a year over the course of the contract, but only during the cold months of December, January and February, according to a Reuters report.
FERC Removes Barriers to NatGas Projects, Even During Appeals
2025-06-20 - The Federal Energy Regulatory Commission's new rules seek to improve the regulatory environment for natural gas infrastructure projects immediately, the agency says.
Energy Transition in Motion (Week of June 20, 2025)
2025-06-20 - Here is a look at some of this week’s renewable energy news, including a solar steam project in California and a newly proposed bill in the Senate that would extend clean fuel tax credits.
Comments
Add new comment
This conversation is moderated according to Hart Energy community rules. Please read the rules before joining the discussion. If you’re experiencing any technical problems, please contact our customer care team.