US leads in upcoming liquefaction capacity additions globally

GlobalData’s latest analysis of global planned and early-stage announced liquefaction terminals for the period 2018 to 2022 shows that the announced Orca Floating terminal in Canada has the highest liquefaction capacity with 24.0 million tonnes per annum (mtpa). The terminal is expected to start operations in 2019 with a total capex of $19.7bn. Orca LNG Ltd is the operator of the terminal and also the 100% stake holder.

The liquefaction terminal with the second highest capacity globally is the planned Cameron II project in the US with a capacity of 23.5mtpa. The terminal is expected to start its operations in 2019. Cameron LNG LLC is the operator. The terminal has a total capex of $10bn.

The planned Corpus Christi liquefaction terminal has the third highest liquefaction capacity globally, with a capacity of 23.0mtpa. The terminal is located in the US, and expected to start operations in 2019. Cheniere Energy Inc is the operator and also the 100% stake holder of the terminal. Corpus Christi has a total capex spending of $13bn.

Top Globally Planned Liquefaction Terminals

Source: Midstream  Analytics                                                                                                                                                        © GlobalData

 

The fourth highest capacity is with the announced Plaquemines liquefaction terminal, also located in the US. The terminal is expected to start operations in 2020 with a capacity of 20mtpa. Venture Global LNG is the operator, while Venture Global Partners, LLC holds 100% equity stake. The terminal has a total capex of $8.5bn.

The Lake Charles II liquefaction terminal will have fifth highest planned liquefaction capacity globally. The US-based terminal will have a capacity of 16.4mtpa. It is expected to start operations in 2021, with a total capex of $10.9bn. Lake Charles LNG Export Company, LLC is the operator, while Energy Transfer Equity, L.P. is the 100% stake holder.