trending Market Intelligence /marketintelligence/en/news-insights/trending/SlmBTLibyLNYaZ_lYNam3Q2 content esgSubNav
In This List

US becomes world's 3rd-largest LNG exporter; Japan will be key market for US LNG

Blog

European Energy Insights - May 2021

Blog

Metals & Mining Insights May 2021

Blog

[Report]: 2021 Corporate Renewables Outlook

Blog

Corporate Credit Risk Trends in Developing Markets An Expected Credit Loss ECL Perspective


US becomes world's 3rd-largest LNG exporter; Japan will be key market for US LNG

US overtakes Malaysia as world's 3rd-largest LNG exporter, EIA says

The U.S. became the world's third-largest exporter of LNG during the first five months of the year, despite delays in bringing new terminals online and depressed global prices that have shifted trade flows for uncommitted volumes, according to a new report from the U.S. Energy Information Administration. U.S. LNG exports to world markets averaged 4.2 Bcf/d from the beginning of 2019 through May, the EIA said in a July 29 "Today in Energy" report.

Japan will be key market for US LNG even as its demand declines

As the world's largest LNG importer, Japan has been a key market for new U.S. LNG export projects, but its appetite for LNG is projected to decline over the coming decade. Japan will likely remain an important market for U.S. LNG, especially as existing contracts expire over the next decade, Wood Mackenzie analyst Lucy Cullen said in an interview.

DOE authorizes LNG exports from Kinder Morgan's Gulf LNG export terminal

The U.S. Department of Energy authorized LNG exports from Kinder Morgan Inc.'s proposed Gulf LNG terminal in Mississippi in an order issued just weeks after the project received a separate federal approval allowing the developer to build the multibillion-dollar facility. The July 31 DOE order will allow the terminal to export up to 1.53 Bcf/d of natural gas as LNG to countries that do not have a free trade agreement with the U.S. as long as trade with those countries is not otherwise prohibited.

Backers of project to move 400,000 Dth/d more gas to Sabine Pass prod FERC

The developer of a proposed new compressor station that would shore up gas access at Cheniere Energy Inc.'s Sabine Pass LNG export terminal nudged the Federal Energy Regulatory Commission to approve the project by Aug. 2 to help the exporter meet winter demand for LNG in 2020. Natural Gas Pipeline Co. of America LLC and Cheniere asked FERC for a Natural Gas Act certificate order in a July 24 filing that continued a trend of pipeline supporters prodding the agency to move faster on its permit process for natural gas infrastructure.

Cameron LNG gets FERC approval to begin service on 1st train

The Federal Energy Regulatory Commission authorized a first natural gas liquefaction train to start commercial service at the Sempra Energy-led Cameron LNG LLC export facility in Louisiana. FERC staff granted a request for the authorization July 26, four days after it was submitted by Cameron LNG.