June 18, 2021

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LNG Exports are expected to increase 10.5 Bcf/d over the next decade, to over 17 Bcf/d by 2030, as Henry Hub pricing continues to offer worldwide buyers the ability to transact in a highly liquid and transparent market.

Sabine Pass in the Gulf of Mexico was the first North American LNG export terminal to begin operation. Today, the US exports about 6.5 Bcf/d and is expected to grow a further 7+ Bcf/d to 13.7 by 2030. LNG Canada, currently under construction at Kitimat BC, is expected on-line starting in 2024 and adds 3.4 Bcf/d of total exports.

Although there are many more projects proposed, Incorrys believes the ability of developers to source high quality credit for the next trench of worldwide demand growth will be limited by risks of emerging carbon uncertainties over the next decade.

LNG Export Facilities Map