Courtesy: Cheniere
United Kingdom will be receiving US LNG cargo to its South Hook LNG Terminal.
Sabine Pass LNG currently has five operational trains and Train 6 pending FID.
Forbes: Next Wave Of U.S. LNG Projects Lurks But Market Fistfight Is Inevitable
Weighing the United State’s LNG boon against an increasingly competitive global market, Forbes delivers a quiet warning - burgeoning production capacity does not guarantee the market’s success. The numerous pending American LNG plant projects awaiting environmental permits final investment decisions are far from secure:
“The entry of the U.S. as a marginal producer has changed the game. But it’s easy to get caught up in the market euphoria and forget that U.S. exporters are not the only game in town. American exports are (and will be) toughing it out with Australian and Qatari exports. It’s extremely challenging to get long-term high volume offtake agreements to support the construction of these facilities.”