The United States is set to become the world’s largest LNG exporter next year. Due to a number of U.S. LNG projects coming online by the end of 2022, U.S. capacity will increase to 11.4 billion cubic feet per day. The return of the long-term supply deals will likely incentivize several low-cost projects to move forward. The United States will have the world’s largest liquefied natural gas (LNG) export capacity next year, exceeding the capacity of the top LNG exporters Australia and Qatar. Thanks to a growing number of U.S. LNG export projects coming into service, by the end of 2022, U.S. nominal capacity will increase to 11.4 billion cubic feet per day (Bcf/d) and peak capacity to 13.9 Bcf/d across 7 LNG export facilities and 44 liquefaction trains, the Energy Information Administration (EIA) said in its latest natural gas weekly update last week. Thanks to liquefaction trains at […]