No matter which liquefied natural gas (LNG) market data source you rely on, an indisputable common fact is likely to stand out – the incremental volume of U.S. cargoes heading overseas. Until April, it was the only U.S. LNG export facility in the country, before Dominion Energy's Cove Point LNG Terminal, in Maryland, entered commercial service that month. With gazing at Sabine Pass – which dispatched its first cargo to India's lucrative market in March – well and truly over, the rush is apparent for the next wave of LNG export terminal projects. Add it all up and the sheer number of American terminal projects hoping to find their place in the LNG market appears stupendous on paper. For instance, LNG projects in Louisiana and Texas don't generally face the same level of regulatory risks as those planned other states do, Land notes.
Source: Forbes September 10, 2018 18:55 UTC