LNG: lots today, even more tomorrow
Vast amounts of export capacity are coming on stream, so it's just as well that demand looks set to keep growing
The liquefied natural gas revolution is well and truly upon us. Global export capacity stands at around 290m tonnes a year, with a staggering 60m t/y of that added since early 2016 and a further 80m t/y due over the next couple of years. Australia is set to overtake Qatar as the world's largest LNG exporter next year, when Shell's Prelude floating LNG project and Inpex and Total's Ichthys facility reach full capacity. But now Qatar is back in the race, ending its long-standing moratorium on building new export capacity and fighting for its share of a fast-expanding market. Doha has lined up three new trains, which should take export capacity to 100m t/y from 77m t/y by 2023. Canny timing, it
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20 February 2026
The country is pushing to increase production and expand key projects despite challenges including OPEC+ discipline and the limitations of its export infrastructure
20 February 2026
Europe has transformed into a global LNG demand powerhouse over the last few years, with the fuel continuing to play a key role in safeguarding the continent’s energy security, Carsten Poppinga, chief commercial officer at Uniper, tells Petroleum Economist
20 February 2026
Sempra Infrastructure’s vice president for marketing and commercial development, Carlos de la Vega, outlines progress across the company’s US Gulf Coast and Mexico Pacific Coast LNG portfolio, including construction at Port Arthur LNG, continued strong performance at Cameron LNG and development of ECA LNG
19 February 2026
US LNG exporter Cheniere Energy has grown its business rapidly since exporting its first cargo a decade ago. But Chief Commercial Officer Anatol Feygin tells Petroleum Economist that, as in the past, the company’s future expansion plans are anchored by high levels of contracted offtake, supporting predictable returns on investment






