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EIA: LNG exports from North America are set to expand with new projects

Published by , Editorial Assistant
Hydrocarbon Engineering,

Over the next five years, the EIA predicts North America’s LNG export capacity will expand by 12.9 billion ft3/d as Mexico and Canada place into service their first LNG export terminals and the US adds to its 11.4 billion ft3/d of existing LNG capacity.

The EIA estimates that by the end of 2027, LNG export capacity will grow by 1.1 billion ft3/d in Mexico, 2.1 billion ft3/d in Canada, and 9.7 billion ft3/d in the US from a total of ten new projects across the three countries.

Three projects with a combined LNG export capacity of 1.1 billion ft3/d are currently under construction in Mexico: Fast LNG Altamira offshore and onshore, Fast LNG Lakach on the east coast, and Energia Costa Azul on the west coast.

Developers have proposed other LNG export projects for Mexico’s west coast, including Saguaro Energia LNG, Salina Cruz FLNG, and Vista Pacifico LNG, which have a combined capacity over 2.7 billion ft3/d. These projects will use relatively low-cost natural gas imported from the US for LNG exports to Asian markets. However, none of these proposed projects has reached a final investment decision (FID) yet.

Two LNG export projects with a combined capacity of 2.1 billion ft3/d are under construction in British Columbia on Canada’s west coast.

Five LNG export projects are currently under construction with a combined 9.7 billion ft3/d of LNG export capacity: Golden Pass, Plaquemines, Corpus Christi Stage III, Rio Grande, and Port Arthur.

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