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EIA: North America’s LNG export capacity is on track to more than double by 2028

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North America’s LNG export capacity is on track to more than double between 2024 – 2028, from 11.4 billion ft3/d in 2023 to 24.4 billion ft3/d in 2028, if projects currently under construction begin operations as planned. During this time, the U.S. Energy Information Administration (EIA) expect developers in Mexico and Canada to place their first LNG export terminals into service and in the US to add to existing LNG capacity. By the end of 2028, the EIA estimates LNG export capacity will grow by 0.8 billion ft3/d in Mexico, 2.5 billion ft3/d in Canada, and 9.7 billion ft3/d in the US from a total of 10 new projects that are currently under construction in the three countries.

Mexico

Developers are currently constructing two projects with a combined LNG export capacity of 0.6 billion ft3/d – Fast LNG Altamira offshore on Mexico's east coast and Energía Costa Azul on Mexico's west coast.

  • Fast LNG Altamira consists of two floating LNG (FLNG) production units, each with a capacity to liquefy up to 0.199 billion ft3/d of natural gas, located off the coast of Altamira, in the state of Tamaulipas, Mexico. Natural gas from the US delivered via the Sur de Texas-Tuxpan pipeline will supply these units. The first LNG cargo from this facility was shipped in August 2024.
  • The Energía Costa Azul LNG export terminal (0.4 billion ft3/d export capacity) is located at the site of the existing LNG regasification (import) terminal in Baja California in western Mexico. Developers proposed an expansion of this project in Phase 2 by 1.6 billion ft3/d. This project will be supplied with natural gas from the Permian Basin in the US.

Developers have proposed other LNG export projects, all for Mexico’s west coast, including Saguaro Energia LNG (2 billion ft3/d capacity), Amigo LNG (1 billion ft3/d capacity), Gato Negro LNG (0.6 billion ft3/d capacity), Salina Cruz LNG (0.4 billion ft3/d capacity), and Vista Pacifico LNG (0.5 billion ft3/d capacity), with a combined capacity of 4.5 billion ft3/d; however, none of these projects have reached a final investment decision or started construction.

Canada

Currently, three LNG export projects with a combined capacity of 2.5 billion ft3/d are under construction in British Columbia on Canada’s west coast. Developers of LNG Canada (1.8 billion ft3/d export capacity) plan to start LNG exports from Train 1 in the summer of 2025. Woodfibre LNG (export capacity 0.3 billion ft3/d) targets the start-up of LNG exports in 2027. Cedar LNG – an FLNG project with capacity to liquefy up to 0.4 billion ft3/d – made a final investment decision in June 2024 and expects to start LNG exports in 2028. These projects will be supplied with natural gas from western Canada.

In addition, the Canada Energy Regulator (CER) has authorised four LNG export projects, including an expansion of LNG Canada, with a combined proposed LNG export capacity of 4.1 billion ft3/d.

USA

Five LNG export projects are currently under construction with a combined export capacity of 9.7 billion ft3/d – Plaquemines (Phase I and Phase II), Corpus Christi Stage III, Golden Pass, Rio Grande (Phase I), and Port Arthur (Phase I). Developers expect to produce the first LNG from Plaquemines LNG and Corpus Christi LNG Stage III and ship first cargoes from these projects by the end of 2024.

Read the article online at: https://www.lngindustry.com/liquid-natural-gas/04092024/eia-north-americas-lng-export-capacity-is-on-track-to-more-than-double-by-2028/

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