Insight
Q2 2019 North America LNG projects update: it's been a busy quarter
*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Following a quiet first quarter, marketing activity picked up dramatically in Q2. Some 14 mmtpa of sales were announced to support new-build capacity, mainly in the US Gulf Coast. Cheniere maintained its strong track record in train start ups and FIDs. With the ramp up in production at Corpus Christi T2, Cheniere is now flowing close to 5 bcfd to its seven producing trains at Sabine Pass and Corpus Christi. FID was announced on its ninth train, Sabine Pass T6. A key project to watch in Q3 will be Venture Global's Calcasieu Pass LNG. Its differentiated approach to plant construction could test lenders' appetite for risk. But with marketing momentum now moving to Plaquemines LNG, success at Calcasieu Pass could herald a new model of US LNG.
Table of contents
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Recent developments
- Highlights
- Project financing
- Commercial
- EPC
- FERC Orders continue
- Train start-ups
Tables and charts
This report includes the following images and tables:
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Building momentumSales of US LNG (mmtpa)*Recent FIDs & Pre-FID Marketing momentum
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Recent LNG EPC costs (dollars-per-tonne)*FERC queueUS LNG terminal locationsCanada export orderTrain start ups at Cameron, Elba and Freeport progressing but slower than expectedNorth America Terminal Start Date Assumptions
What's included
This report contains:
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