LNG Expansion Momentum Continues; US Dominates Global Growth
Key Questions
How dominant was the US in global LNG export growth in 2025?
The US supplied 93% of global LNG export growth last year, with Plaquemines alone driving 60% of the supply increase. US exports overall surged 26% to a record 15.1 Bcf/d.
What new investments are ADNOC L&S making in LNG carriers?
ADNOC L&S has ordered four additional LNG carriers at a cost of $900M. This expands its fleet amid rising global demand.
What does the S&P Global report project for US LNG by 2031?
S&P Global projects US LNG feedgas demand will double to 36 Bcf/d by 2031. LNG is expected to become America's second-largest net export industry without raising domestic energy costs.
Why is JERA exploring a US IPO?
JERA is studying a potential US listing to accelerate its global expansion and set up a Singapore trading hub. It remains the biggest Japanese LNG importer.
How is Pakistan responding to LNG supply issues?
Pakistan is scrambling for spot LNG at around $20.70/MMBtu due to disruptions in Qatar supply. This highlights diversification challenges in the market.
What long-term deal did Petronas secure?
Petronas signed a new agreement to supply 0.84 million metric tons of LNG annually to Shizuoka Gas. The deal reinforces a 30-year partnership and supply diversification.
What is the status of Delfin LNG?
Delfin LNG has survived a court challenge, allowing the nation's first floating LNG terminal off Louisiana to proceed. This supports continued US project momentum.
How are global players adapting to US LNG growth?
Companies like Shell are expanding footprints such as in the Caribbean, while Argent LNG added Naftogaz to its customer lineup. The trend shows increasing reliance on US supply.
US supplied 93% of global LNG export growth in 2025, with Plaquemines driving 60% of supply increase. ADNOC L&S orders four more LNG carriers ($900M). Delfin LNG survives court challenge. US LNG exports surged 26% to record 15.1 Bcf/d. S&P Global projects US LNG feedgas demand doubling to 36 Bcf/d by 2031. JERA exploring US IPO, setting up Singapore trading hub. Pakistan scrambling for spot LNG at $20.70/MMBtu due to Qatar supply disruption. Petronas secures new long-term LNG deal with Shizuoka Gas, reinforcing supply diversification trend.