The U.S. is set to add a total of 5.1 billion cubic feet per day (Bcf/d) of LNG export capacity in the first half of 2023, beating the full-year record of approved volumes from 2014.
The U.S. is set to add a total of 5.1 billion cubic feet per day of LNG export capacity in the first half of 2023, beating the full-year record of approved volumes from 2014.
Two projects were already given the financial go-ahead between January and June, while a third is expected to reach a final investment decision by the end of the week. Currently, LNG export facilities in the United States have a combined operating capacity under real-world operating conditions of 11.4 Bcf/d, the EIA in its Annual Energy Outlook 2023 earlier this year. There is additional 7.3 Bcf/d of capacity under construction, while further 18.3 Bcf/d of possible LNG export capacity has received full regulatory approval from the U.S. Department of Energy and the Federal Energy Regulatory Commission but has not yet received a final investment decision.
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