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Released October 28, 2025 | SUGAR LAND
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Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)
Summary
U.S. and Canadian leaders touted their energy trade potential during this year's ASEAN summit. Both are looking to deliver LNG to Asian economies, though Canada is winning the race so far.
That comes as U.S. President Donald Trump upends global trade with an erratic trade policy. Often turning his ire to China, the second-largest economy after the United States, the Trump administration on Sunday said at the start of the multilateral summit that threats of a 100% import tax on Chinese goods were "off the table."
Apart from Europe, the U.S. economy may need firm trade commitments from its Asian counterparts given Trump's vision for U.S. leadership, particularly in the energy sector. Capitalizing on its position as the top exporter of liquified natural gas (LNG) in the world, Energy Secretary Chris Wright said Monday that U.S. deliveries could double within the next five years.
IIR Energy's (Sugar Land, Texas) NATGAS TODAY daily natural gas report found total feed gas deliveries to domestic LNG terminals reached 17.4 billion cubic feet per day (Bcf/d) during the weekend, a new record that's some 1.4 Bcf/d above federal estimates for the annual average.
Tapping some 200 undeveloped locations, JERA said it believes the assets in question can produce more than 500 million cubic feet of natural gas per day.
Elsewhere, Tokyo Gas Company (Tokyo) signed a non-binding letter of intent to take 1 million metric tons per annum (MTPA) of gas in the liquid form from the proposed Alaska LNG facility, led by Glenfarne Alaska. Japan is highly dependent on foreign supplies due to a lack of domestic resources.
Subscribers to Industrial Info's Global Market Intelligence (GMI) Oil & Gas Production Project Database can click here the Alaska LNG project reports.
The facility would have a nameplate capacity of 20 MTPA of gas in the liquid form and require an 807-mile pipeline for feed gas from Alaska's North Slope. It's not yet under construction.
Subscribers can learn more about LNG Canada in a detailed plant profile.
The Woodfibre LNG facility near Vancouver will have a nameplate capacity of 2.1 MTPA through two production trains. Construction is slated to begin during the fourth quarter, with a completion date set for late 2027.
Subscribers can read detailed reports on the Woodfibre LNG project here, and click here for a related plant profile.
U.S. and Canadian relations soured considerably with Trump's return to the White House in January. Canadian Prime Minister Mark Carney is pressing for expanded trade opportunities, pledging to halve the amount of U.S. trade by the end of the decade.
The United States is heavily dependent on Canada for crude oil and soft lumber and remains a net importer of natural gas. Carney, however, included an expansion to LNG Canada as part of a comprehensive list of nation-building projects.
From the sidelines of the ASEAN summit, Carney noted the signing of a letter of intent with Malaysia to expand investments in LNG, oil, nuclear and renewable energy.
"Now is not the time to be cautious, because fortune favors the bold," Carney said Monday. "Now is the time to bet big on Canadians and play to win."
Malaysian energy company Petronas (Kuala Lumpur) is a major investor in the first phase of LNG Canada. The Indo-Pacific region is Canada's second-largest trading partner, after the United States, with bilateral trade valued at around $185 billion annually.
About Industrial Info Resources
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) 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 over 200,000 current and future projects worth $17.8 Trillion (USD).
Summary
U.S. and Canadian leaders touted their energy trade potential during this year's ASEAN summit. Both are looking to deliver LNG to Asian economies, though Canada is winning the race so far.
United States' LNG Position
Malaysia is hosting international delegates for the regular meeting of the Association of Southeast Asian Nations. Member states Australia, China, Japan, New Zealand and South Korea issued a joint statement Monday advocating the benefits of "an open, transparent, fair and rules-based multilateral trading system."That comes as U.S. President Donald Trump upends global trade with an erratic trade policy. Often turning his ire to China, the second-largest economy after the United States, the Trump administration on Sunday said at the start of the multilateral summit that threats of a 100% import tax on Chinese goods were "off the table."
Apart from Europe, the U.S. economy may need firm trade commitments from its Asian counterparts given Trump's vision for U.S. leadership, particularly in the energy sector. Capitalizing on its position as the top exporter of liquified natural gas (LNG) in the world, Energy Secretary Chris Wright said Monday that U.S. deliveries could double within the next five years.
IIR Energy's (Sugar Land, Texas) NATGAS TODAY daily natural gas report found total feed gas deliveries to domestic LNG terminals reached 17.4 billion cubic feet per day (Bcf/d) during the weekend, a new record that's some 1.4 Bcf/d above federal estimates for the annual average.
Japan Dives into U.S. LNG Market
Ahead of the start of the ASEAN conference, Japanese companies unveiled investments in the U.S. natural gas sector. Energy company JERA (Tokyo, Japan) last week said it spent $1.5 billion to acquire acreage in the Haynesville Basin from Williams Companies (Tulsa, Oklahoma) and GEP Haynesville II, LLC.Tapping some 200 undeveloped locations, JERA said it believes the assets in question can produce more than 500 million cubic feet of natural gas per day.
Elsewhere, Tokyo Gas Company (Tokyo) signed a non-binding letter of intent to take 1 million metric tons per annum (MTPA) of gas in the liquid form from the proposed Alaska LNG facility, led by Glenfarne Alaska. Japan is highly dependent on foreign supplies due to a lack of domestic resources.
Subscribers to Industrial Info's Global Market Intelligence (GMI) Oil & Gas Production Project Database can click here the Alaska LNG project reports.
The facility would have a nameplate capacity of 20 MTPA of gas in the liquid form and require an 807-mile pipeline for feed gas from Alaska's North Slope. It's not yet under construction.
Canada's LNG Position
Beating the United States to the punch is Canada, which is already delivering LNG from a facility in British Columbia. Nearly seven years in the making, LNG Canada, led by Shell (London, England), delivered its first batch of LNG in July. Total capacity is expected to reach 14 MTPA.Subscribers can learn more about LNG Canada in a detailed plant profile.
The Woodfibre LNG facility near Vancouver will have a nameplate capacity of 2.1 MTPA through two production trains. Construction is slated to begin during the fourth quarter, with a completion date set for late 2027.
Subscribers can read detailed reports on the Woodfibre LNG project here, and click here for a related plant profile.
U.S. and Canadian relations soured considerably with Trump's return to the White House in January. Canadian Prime Minister Mark Carney is pressing for expanded trade opportunities, pledging to halve the amount of U.S. trade by the end of the decade.
The United States is heavily dependent on Canada for crude oil and soft lumber and remains a net importer of natural gas. Carney, however, included an expansion to LNG Canada as part of a comprehensive list of nation-building projects.
From the sidelines of the ASEAN summit, Carney noted the signing of a letter of intent with Malaysia to expand investments in LNG, oil, nuclear and renewable energy.
"Now is not the time to be cautious, because fortune favors the bold," Carney said Monday. "Now is the time to bet big on Canadians and play to win."
Malaysian energy company Petronas (Kuala Lumpur) is a major investor in the first phase of LNG Canada. The Indo-Pacific region is Canada's second-largest trading partner, after the United States, with bilateral trade valued at around $185 billion annually.
Key Takeaways
- U.S. and Canada both look to Asia to boost LNG exports
- U.S. LNG deliveries could double within the next five years
- Canada intends to look for non-U.S. trading partners
- Canada, Malaysia sign letter of intent to expand energy investments
About Industrial Info Resources
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) 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 over 200,000 current and future projects worth $17.8 Trillion (USD).
