ECF 2016 to examine build-out of US LNG export terminals

The US is in the midst of one of the largest industry expansions to ever occur in North America. Cheap, readily available shale oil and gas is sparking a surge in the construction of new gas processing, LNG export, petrochemical and refining capacity. 

Presently, Hydrocarbon Processing’s Construction Boxscore Database is tracking nearly $350 B in active projects in the US. This includes the announcement of over 330 MMtpy of LNG export terminal capacity, dozens of new cryogenic, gas processing plants and NGL fractionators, 900 Mbpd of new refining capacity and over $130 B in announced petrochemical capital projects.

US companies have announced over 30 LNG export terminal projects. As mentioned, these projects represent over 330 MMtpy f LNG export capacity by 2025. This represents nearly $200 B in announced LNG export terminal construction over the next decade. The figure below represents all projects that have submitted an application with the US Department of Energy (DOE) to export LNG to non-FTA nations. As shown, the overwhelming majority of these projects are located along the US Gulf Coast.

As of today, the US DOE has only approved one-third of non-FTA applications. It is highly unlikely that much of this capacity will be built. Regardless, the projects that will go through will propel the US to become a dominant LNG exporter in the near future.

This new era of US construction is the primary theme in the upcoming Energy Construction Forum. The conference provides a unique and timely gathering covering all phases of major expansions and new construction projects with a focus on the challenges and solutions facing the industry today. For more information on this event, please visit the Energy Construction Forum site today!

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