Despite all the macroeconomic uncertainty, LNG FID activity remains extremely strong in 2025, with over 50 bcm/y of LNG liquefaction capacity sanctioned since the start of the year.
Following the pause in 2024, the US came back with full strength to the LNG FID scene, further solidifying its position as the world’s largest LNG supplier.
This includes Louisiana LNG which reached FID earlier in April, the Corpus Christi Train 8&9 project, which reached FID at the end of June, and the CP2 project which started construction works back in June and announced a formal FID yesterday.
The CP2 project is another manifestation of the silent revolution which is taking place in the LNG world, namely the success of modular LNG plants, which can be deployed at a faster pace, a lower cost and display greater operational flexibility.
What is your view? How will LNG FID activity evolve in the second half of the year? Who could go next? And what are the implications on the overall supply picture?
Kudos to Venture Global LNG on their latest FID.
Source: Greg MOLNAR
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