Q1 2018 North America LNG projects update: uptick in marketing activity Report

Insight 13 March 2018

Get this report*

$1,050

You can pay by card or invoice

Share link

First name
Last name
Job Title
Company
Email
Telephone

Country

Message

Consent

Please keep me informed about Wood Mackenzie products, services and events.

Submit Category

For details on how your data is used and stored, see our Privacy Notice.

- FAQs about online orders
- Find out more about subscriptions

*Please note that this report only includes an Excel data file if this is indicated in "What's included" below

Report summary

Buyers are returning to the US market in bigger numbers than they have at any time for the past three years. Some 4.2 mmtpa of long-term sales of US LNG have been agreed upon in recent months with Shell, CNPC, Trafigura and Edison. All of the deals have been with either Cheniere or Venture Global. Cheniere looks almost certain to proceed this year with Train 3 at Corpus Christi, which will be its eighth train overall. Venture Global now has 3 mmtpa in sales for its proposed Calcasieu Pass project, of which 2 mmtpa is with Shell. Shell's purchase is noteworthy given that Venture Global plans to use small-scale modular technology similar to that being installed at Elba Island LNG, where Shell is the sole offtaker.

Recent developments
- Renewed appetite for US LNG
Stronger market sentiment puts focus back on strategic investments
Other developments
- Regulatory progress
- Engineering
- Corporate moves
- Sabine Pass - operational issues
- Cove Point – first cargo
- Changes to start dates