Over the past 14 months, LNG companies have proposed new expansion projects at seven gas export terminals along the Gulf Coast, encouraged in part by wars in the Middle East and Ukraine that have boosted the market for U.S. LNG shipments, reports Louisiana Illuminator.
Three of the expanding terminals are in Louisiana, including southeast of New Orleans at the Plaquemines LNG terminal; and in Cameron, in southwest Louisiana, at the CP2 and Commonwealth LNG terminals, according to public records available in the Oil & Gas Watch database. Four expanding terminals are in Texas, near Port Arthur, Brownsville and Corpus Christi.
If built, these new expansions would increase by about 14%, or 75 million metric tons per year, the capacity of U.S. LNG export terminals that are operating, under construction, or previously proposed.
Developers of the LNG projects says the wars in Iran and Ukraine are contributing to increasing market demand overseas for U.S. LNG exports, and the new expansions of Gulf Coast export terminals would help meet that rising need. Read more from Louisiana Illuminator.
