Insight
Q2 North America LNG projects update: Driftwood FID in Tellurian’s line of sight
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Commercial activity surged in the second quarter. Tellurian announced two big deals with Gunvor and Vitol for 3 mmtpa each, and Woodfibre signed a second SPA for 0.75 mmtpa with BP. Binding sales across pre-FID LNG projects in the US Gulf Coast now stand at some 15 mmtpa. Projects in west Canada and Mexico are progressing too. Momentum is building for at least some of this capacity to reach FID. Our North America LNG Projects Update (Q2 2021) has our latest view of which projects we see as possible FIDs in 2021-22 and the key issues to watch. Clients of Wood Mackenzie’s LNG Service can also access our latest Global LNG FID Tracker Q2 2021: Could high prices create momentum for fast-to-market LNG projects?
Table of contents
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Highlights
- Woodfibre doubles sales to BP with second SPA
- Low-carbon initiatives for pre-FID projects multiply
- NextDecade
- Venture Global
- Sempra
- Symbio Infrastructure
- Construction progress
Tables and charts
This report includes the following images and tables:
- Surging global LNG prices has kicked off a new buying spree
- Post-FID start-up schedule
- Golden Pass LNG - Train 1 Foundations (June 2021)
What's included
This report contains:
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