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Biden Administration’s temporary pause causes uncertainty
Despite tight margins, three US LNG projects have been sanctioned this year, and further FIDs are expected in 2024. We explain why.
Rio Grande LNG is the third US LNG project sanctioned in 2023
Rio Grande LNG set to become the third US LNG project sanctioned in 2023
The policy may delay non-FTA-approved projects which require extensions and could give advantages to those next in the approval queue.
Record contracting momentum in 2022 has laid the foundations for new North American LNG supply to take FID over the next two years.
As interest continues, which projects are best placed to overcome inflationary costs, and be part of the next wave of project sanctioning?
As contracting momentum continues, over 80 mmtpa of North American liquefaction capacity could be sanctioned before the end of 2024.
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