Insight

US LNG - when will EPC costs decline?

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Construction costs have become central to the timing of the next wave of US LNG. In a low oil price environment, potential offtakers are more focused on lowering the costs of US LNG to ensure its competitiveness in the global market. Yet costs have been increasing.

Table of contents

    • The costs of US LNG development
      • EPC costs - no two are exactly the same
      • US LNG EPC costs, like industrial EPC costs, are rising
      • US LNG costs are not all about EPC costs

Tables and charts

This report includes 4 images and tables including:

  • Chart 1. US LNG capital costs (US$ billion)
  • Chart 2. US LNG capital costs (US$/tonne)
  • Chart 3. Gulf Coast gas industries capex
  • Chart 4. US gas industries capex