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Released May 13, 2025 | SUGAR LAND
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Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--The North American potential for liquefied natural gas (LNG) deliveries is on the rise, with the U.S. sanctioning new export facilities and Canada seeing support for deliveries from British Columbia.
Cleaner-burning LNG emerged as an alternative fuel of choice in the wake of U.N.-backed measures governing emissions from the shipping industry and after the outbreak of war in Ukraine in 2022. Prior to the war, Russia was the main supplier of gas to Europe, though sanctions have since limited those options, leaving a void that's been filled largely by LNG shipped from U.S. shores.
Supported by its vast natural gas reserves, the U.S. is the world leader in exports of LNG, with an expected 15 billion cubic feet per day (Bcf/d) in deliveries expected this year. More is on the way as U.S. President Donald Trump seeks to capitalize on an already dominant position.
Last week, the U.S. Federal Energy Regulatory Commission (FERC) signed off on the second phase of Venture Global LNG's (NYSE:VG) (Arlington, Virginia) Calcasieu Pass terminal in Louisiana. Earlier in May, the company secured a $3 billion loan facility from 19 banks that would support the continuation of manufacturing, procurement and engineering work at the second phase, dubbed CP2.
Subscribers to Industrial Info's Global Market Intelligence (GMI) Oil & Gas Project and Plant databases can learn more from a detailed project report and plant profile.
Venture Global expects CP2 will have a nameplate capacity of at least 2.65 Bcf/d, making it the largest LNG facility in the U.S. when completed. Apart from Calcasieu Pass, the Trump administration has signed off on three other LNG export facilities: Commonwealth, Delfin and Golden Pass.
Canada is breaking into the LNG sector via exports from British Columbia. Canada is also rich in oil and natural gas, though its midstream networks are largely tied to the U.S.
Scott Burrows, the chief executive officer of Pembina Pipeline Corporation (NYSE:PBA) (Calgary, Alberta), said during an investor call last week that demand was supportive of developing its Cedar LNG project in British Columbia.
Joint venture partners Pembina and the indigenous group Haisla Nation announced the final investment decision (FID) on the Cedar LNG project in June. The facility will consist of a floating liquefied natural gas (FLNG) facility in Kitimat in British Columbia, with a nameplate capacity of about 400 million cubic feet per day. Subscribers can learn more from a detailed project report.
"We're a year into construction and a year closer in-service date," Burrows said. "So, I think all of those factors are leading decent interest in this project, and we're pretty pleased with where we're going."
Trade routes out of the western Canadian coast to Asia are shorter than shipping LNG through the U.S. Gulf Coast. New trade corridors outside North America were prioritized by Canadian leaders frustrated by Trump's aggressive stance toward Canada.
However, the International Energy Agency has warned of an unprecedented supply glut for LNG, which could create significant headwinds for the industry.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).
Cleaner-burning LNG emerged as an alternative fuel of choice in the wake of U.N.-backed measures governing emissions from the shipping industry and after the outbreak of war in Ukraine in 2022. Prior to the war, Russia was the main supplier of gas to Europe, though sanctions have since limited those options, leaving a void that's been filled largely by LNG shipped from U.S. shores.
Supported by its vast natural gas reserves, the U.S. is the world leader in exports of LNG, with an expected 15 billion cubic feet per day (Bcf/d) in deliveries expected this year. More is on the way as U.S. President Donald Trump seeks to capitalize on an already dominant position.
Last week, the U.S. Federal Energy Regulatory Commission (FERC) signed off on the second phase of Venture Global LNG's (NYSE:VG) (Arlington, Virginia) Calcasieu Pass terminal in Louisiana. Earlier in May, the company secured a $3 billion loan facility from 19 banks that would support the continuation of manufacturing, procurement and engineering work at the second phase, dubbed CP2.
Subscribers to Industrial Info's Global Market Intelligence (GMI) Oil & Gas Project and Plant databases can learn more from a detailed project report and plant profile.
Venture Global expects CP2 will have a nameplate capacity of at least 2.65 Bcf/d, making it the largest LNG facility in the U.S. when completed. Apart from Calcasieu Pass, the Trump administration has signed off on three other LNG export facilities: Commonwealth, Delfin and Golden Pass.
Canada is breaking into the LNG sector via exports from British Columbia. Canada is also rich in oil and natural gas, though its midstream networks are largely tied to the U.S.
Scott Burrows, the chief executive officer of Pembina Pipeline Corporation (NYSE:PBA) (Calgary, Alberta), said during an investor call last week that demand was supportive of developing its Cedar LNG project in British Columbia.
Joint venture partners Pembina and the indigenous group Haisla Nation announced the final investment decision (FID) on the Cedar LNG project in June. The facility will consist of a floating liquefied natural gas (FLNG) facility in Kitimat in British Columbia, with a nameplate capacity of about 400 million cubic feet per day. Subscribers can learn more from a detailed project report.
"We're a year into construction and a year closer in-service date," Burrows said. "So, I think all of those factors are leading decent interest in this project, and we're pretty pleased with where we're going."
Trade routes out of the western Canadian coast to Asia are shorter than shipping LNG through the U.S. Gulf Coast. New trade corridors outside North America were prioritized by Canadian leaders frustrated by Trump's aggressive stance toward Canada.
However, the International Energy Agency has warned of an unprecedented supply glut for LNG, which could create significant headwinds for the industry.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).
