The EIA expects US LNG exports to increase by 6pc year-on-year by close of 2021
Asian demand green lights US LNG
Chinese deals are driving boom in cargoes and LNG export capacity
The US LNG sector is enjoying a period of relative strength, with FIDs looming for several projects. And US exporter Cheniere Energy added to the positivity in late November by announcing that it had produced its first LNG from Train 6 at its Sabine Pass terminal in Louisiana, with substantial completion anticipated in the first quarter of 2022. Shortly afterwards, Cheniere revealed it had struck a 20-year deal to supply LNG to China’s Foran Energy Group. The SPA, covering 300,000t/yr to be delivered from 2023, is the fourth offtake deal struck by the US company since early October. Three of the four deals were with Chinese buyers, part of a broader trend of growing Chinese interest in US LN
Also in this section
20 June 2025
The scale of energy demand growth by 2030 and beyond asks huge questions of gas supply especially in the US
20 June 2025
The Emirati company is ramping up its overseas expansion programme, taking it into new geographic areas that challenge long-held assumptions about Gulf NOCs
19 June 2025
Geopolitical uncertainty casts a pall over expectations around demand, supply, investment and spare capacity
19 June 2025
Shifting demand patterns leaves most populous nation primed to become downstream leader as China and the West retreat
