LNG – how much more in 2024 and where will it go?

The LNG rollercoaster could be set to continue on yet another white-knuckle ride in 2024. The prospects are for LNG export capacity to rise by just under 20 bcm. This growth in capacity in 2024 comes with a full year of Freeport and new projects in Tangguh T3 (Indonesia), Arctic 2 T1 (Russia) and Greater Tortue (Senegal/Mauritania) later in the year, plus smaller projects in Mexico and Congo. A recovery in feedgas supply in Nigeria and Trinidad and Tobago will also support growth. On the downside, Australia may lose some capacity as Darwin closes and Northwest Shelf prepares to close […]