Gas Processing & LNG is Produced by Gulf Publishing Holdings LLC



Editorial Comment

A. Blume, Editor

This year could be the largest ever for LNG export project final investment decisions (FIDs). Major LNG buyers in Asia will help make possible the next wave of sanctioned liquefaction projects, with a collective capacity of more than 220 MMtpy of LNG. However, LNG suppliers will need to cater to the changing demands of buyers, which are seeking more contract variety and flexibility. 

Major projects expected to take FID in 2019 include Novatek’s $27-B Arctic LNG 2 project in Russia, at least one project in Mozambique, and four export terminals in the US: Magnolia LNG, Delfin LNG, Lake Charles LNG and Golden Pass LNG. The four US projects represent a combined export capacity of 7.6 Bft3d. 

The US EIA projects that US LNG export capacity will reach 8.9 Bft3d by the end of 2019, making it the third-largest exporter in the world behind Australia and Qatar. Australia overtook Qatar as the world’s largest LNG exporter in November of last year. US LNG export capacity was expected to end 2018 at 4.9 Bft3d as two new LNG trains became operational on the US Gulf Coast. The three-train Cameron LNG project and the two-train Freeport LNG project are being commissioned, and will be placed in service during 2019.  

The Elba Island LNG facility in Georgia is also scheduled to become fully operational by the end of the year. Elba Island LNG comprises 10 modular liquefaction units with a combined capacity of 0.33 Bft3d. Additionally, the second train at Corpus Christi LNG is scheduled to be placed in service in 2Q 2019. GP


Copyright © 2018. All market data is provided by Barchart Solutions. Futures: at least a 10 minute delay. Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.

                                  CMEGroup                                     Icelogo

FEATURED COLUMNS

Editorial Comment
-Adrienne Blume
On the changing landscape of global natural gas trade, the US has magnified its export power by remaining a net exporter for 13 months as of February 2019.
EWAnalysis: US LNG producers eye major growth
- Energy Web Atlas
The US LNG market has experienced rapid growth over the past decade due to the availability of inexpensive feedstock and increased worldwide demand.
Regional Focus: Nigeria moves to expand its liquefaction capacity
-Shem Oirere
The award in July 2018 of long-awaited contracts for the front-end engineering design (FEED) of Nigeria’s Train 7 gas plant expansion project to two consortia is the country’s latest attempt to address the enormous challenges of gas flaring and gas shortages for power plants and domestic consumption.


Reliable Operations & Saving OPEX for Gas Plant Refrigeration – Selecting the right technologies

Register Now

By selecting integrally geared turbocompressors for gas plant refrigeration duty coupled with a mag bearing turboexpander, operators get the added values of technology with highly reliable operations and reduced OPEX. Join Sami Tabaza and Chris Blackmer from Atlas Copco Gas and Process for a presentation followed by Q&A surrounding the turbocompressor and turboexpander technologies that can efficiently and reliably fit your gas plant design and operation to get the advantages of both technologies.

June 18, 2019 10:00 AM CDT

Register Now

 

Please read our Term and Conditions, Cookies Policy, and Privacy Policy before using the site. All material subject to strictly enforced copyright laws.
© 2019 Gulf Publishing Holdings LLC.