This report reviews historical feed gas flows at operating terminals as well as the latest activity at trains and terminals that are currently in development - either under construction or in the commissioning phase - using the typical ramp-up process as a guide to anticipate future feed gas demand.
In just over three years, U.S. LNG exports have gone from zero to a single-day peak of nearly 5.8 Bcf/d this past winter. In doing so, they have transformed the demand profile of the domestic natural gas markets, reshuffled physical gas flows along with the Texas and Louisiana Gulf Coast markets and changed pricing relationships across much of the country. And those are just the domestic effects of the export phenomenon - the rise of LNG exports from the U.S. also has shaken up international markets.
The pace and timing of this emerging demand growth over the course of the year will come down to how quickly the anticipated trains can complete construction and testing, the timing of which can depend on a whole host of factors, including the extent of the repairs or modifications that are needed along the way, regulatory approvals, or the timing of gas pipeline connections to supply the facilities. Understanding these factors will be key to anticipating the gas-market impacts of the oncoming demand.
Key takeaways from the report include:
- With a total of about 30 MMtpa, or 4 Bcf/d, of liquefaction capacity being added in 2019, feed gas deliveries are poised to be the most significant driver of Lower-48 natural gas demand this year.
- Lower-48 gas demand for LNG exports has climbed 67% in the past seven months to more than 5 Bcf/d, from about 3 Bcf/d in October 2018.
- 9 MMtpa (~1.2 Bcf/d) of export capacity was added in the first quarter of 2019 alone; another 20 MMtpa or so (nearly 3 Bcf/d) is targeting either first LNG production or completion by the end of this year.
- Liquefaction capacity additions will nearly double LNG exports by the end of this year to 8.5 Bcf/d, up from about 4.5 Bcf/d in December 2018, with the bulk of that happening along the Texas and Louisiana Gulf Coast.
Key Topics Covered:
2. Operational LNG Export Terminals
2.1 Sabine Pass LNG
2.2 Dominion Cove Point LNG
2.3 Corpus Christi LNG
3. Rising LNG Export Demand in 2019
3.1 Understanding the Liquefaction Train Ramp-Up Process
3.2 Elba Island LNG
3.3 Cameron LNG Train 1
3.4 Freeport LNG
3.5 Corpus Christi Train 2
For more information about this report visit https://www.researchandmarkets.com/r/k8uyrp