The US will become the third most important LNG exporting country with a total capacity of 8.9 billion cubic feet per day (bcfd) by the end of 2020.
That’s according to data and analytics company GlobalData, which also says the second wave of LNG projects consists of plants which have received an approval by the US Federal Energy Regulatory Commission but are not yet under construction.
“By the year 2025, the additional capacity from new trains in existing plants, as well as from newly constructed plants, will reach an estimated 14.3bcfd,” said Adrian Lara, Senior Analyst Upstream Americas at GlobalData.
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