Following a short pause in 2024, US LNG FIDs are breaking all records in 2025, with 55 mtpa of liquefaction capacity sanctioned since the start of the year.
This is a record year for US LNG FIDs and the second best year for global LNG FIDs, second only to 2019, when over 70 mtpa of FIDs were take -but hey, 2025 is not over yet, and there is still a few projects readying to take FID.
This shows the industry strong commitment to scale-up global gas demand and reflects the very positive, supportive regulatory framework in the US to natural gas and LNG projects.
To put this into perspective: 55 mtpa equates to around half of the US current liquefaction capacity and will cement the US position as the world’s incontestable leader in the global gas market.
By the early 2030s the US will have near 220 mtpa liquefaction capacity and a market share of around 35% in the global LNG market.
What is your view? how will the global LNG market evolve over the medium-term? after Sempra’s Port Arthur FID which project could come next?
Source: Greg Molnar
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