Related Articles
Forward article link
Share PDF with colleagues

LNG: lots today, even more tomorrow

Vast amounts of export capacity are coming on stream, so it's just as well that demand looks set to keep growing

The liquefied natural gas revolution is well and truly upon us. Global export capacity stands at around 290m tonnes a year, with a staggering 60m t/y of that added since early 2016 and a further 80m t/y due over the next couple of years. Australia is set to overtake Qatar as the world's largest LNG exporter next year, when Shell's Prelude floating LNG project and Inpex and Total's Ichthys facility reach full capacity. But now Qatar is back in the race, ending its long-standing moratorium on building new export capacity and fighting for its share of a fast-expanding market. Doha has lined up three new trains, which should take export capacity to 100m t/y from 77m t/y by 2023. Canny timing,

Also in this section
LNG in Europe: The heat is on
22 June 2018
Higher power demand due to hot weather helped pushed up European LNG demand in 2017. But the sector is far from buoyant
New markets for Canada's oil remain elusive
14 June 2018
A war of words, along with legal challenges and counter-challenges, could see plans for Canada's Trans Mountain export pipeline scrapped
US powerhouse in the making
14 June 2018
The LNG building boom is just getting underway. When it's done, the US will be the largest exporter in the world