EIA: New 13.9 Bcf/d Capacity to Double U.S. LNG Exports
SECAUCUS, NJ (DTN) – The United States export capacity for LNG is expected to double over the next four years, with an anticipated 13.9 Bcfd added to the existing 15.4 Bcfd capacity, the U.S. Energy Information Administration (EIA) said Thursday.
North American export capacity – which includes production from the U.S., Canada and Mexico, is expected to more than double, with an additional 28.7 Bcfd on top of the current 11.4 Bcfd, according to the EIA.
In Canada, the new LNG capacity will be on the west coast of North America, reducing shipping times to Asian markets by 50% compared to exports from U.S. Gulf Coast terminals, the EIA said.
For Mexico, developers are building two LNG export projects with a combined capacity of 0.6 Bcfd.
The additional U.S. supply will come from five LNG projects currently under construction:
- Port Arthur LNG Phase 1, with an estimated production of 1.6 Bcfd
- Rio Grande LNG, 2.1 Bcfd
- Woodside Louisiana LNG, 2.2 Bcfd
- Golden Pass LNG, 2.1 Bcfd
- CP2 Phase 1, 2.0 Bcfd
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