Exporting

LNG exports continue to be an exceptional (and very hungry) customer for domestic U.S. natural gas. Over the past week, feedgas flowing to LNG facilities set a new all-time high record. We achieved a new record of 17.4 Bcf/d (billion cubic feet per day) of feedgas for LNG last Sunday, surpassing the previous record set the day before at 17.3 Bcf/d. Another record, the monthly average, is also set to fall. April 2025 is the current reigning champ for average LNG feedgas use at 16.0 Bcf/d. October is on track to surpass it, averaging 16.6 Bcf/d as of October 27 (with just a few days left in the month). Read More “Feed Gas Flowing to LNG Export Plants Hits New All-Time Highs”

BP recently won a victory in an arbitration lawsuit against Venture Global’s Calcasieu Pass (CP) LNG for not selling contracted LNG deliveries in a timely fashion (see Venture Global’s CP LNG Loses Arbitration to BP, Owes Big Money). Venture Global is attempting to repeat the same delivery delay tactic with another new LNG export facility located in Plaquemines Parish, Louisiana. Except this time, contracted customers are already pushing back (see Chevron Complains that VG’s Plaquemines LNG to Delay Startup). Typically, a new LNG facility will load and ship several (maybe two or three) cargoes to “work out the kinks” and ensure everything is working as advertised. Venture Global, using loopholes in its signed contracts, maintained that they were working out the kinks long after it began shipping. Venture Global’s CP LNG liquefied and shipped *over 400 cargoes* from March 1, 2022, through April 2025 before it announced it was “commercially ready” to begin operations. Read More “VG Getting Heat from Contracted Customers re Plaquemines LNG Startup”

In September, NextDecade Corporation announced it had reached a final investment decision (FID) to move forward with construction of Train 4 at its Rio Grande LNG export facility in Brownsville, Texas, within the Port of Brownsville (see NextDecade Announces Positive FID on Rio Grande Train 4 LNG Project). The expected LNG production capacity of Train 4 is 6 MTPA (million tonnes per annum, which translates to roughly 0.8 Bcf of natural gas used per day). Last week, one month after the Train 4 announcement, NextDecade announced an FID for Train 5, which will add another 6 MTPA to the total, bringing the total expected LNG production capacity under construction at Rio Grande LNG to approximately 30 MTPA. Read More “NextDecade Announces Positive FID on Rio Grande Train 5 LNG Project”

If all of the announced LNG export projects in North America get built (a big “if”), our LNG exports will double between 2024’s 11.4 Bcf/d and a projected 28.7 Bcf/d in 2029. Already in 2025, U.S. exports have grown to a capacity of 15.4 Bcf/d (the largest in the world), so we’re well on our way. A small portion of the total increase will come in Canada (2.5 Bcf/d) and Mexico (0.6 Bcf/d). The vast majority will come from new facilities along the U.S. Gulf Coast. The U.S. Energy Information Administration (EIA) has the details of the coming buildout in LNG exports… Read More “N. American LNG Exports on Track to DOUBLE by 2029, 28.7 Bcf/d”