The EU’s mysterious Russian gas plan — and what it means for US LNG exports
- Woodside Energy approved its Louisiana LNG export facility in April 2024, initiating over 90 million tonnes of new U.S. LNG capacity expansions.
- This expansion supports the European Union’s ambitious goal, set in early 2024, to completely phase out reliance on Russian gas by the year 2027, creating an urgent need for alternative LNG supplies.
- Multiple U.S. LNG projects, including expansions by Cheniere and Venture Global, face cost increases from tariffs, supply chain issues, and labor shortages.
- Woodside’s Louisiana project costs rose by 31%, and U.S. LNG exports reached 88.3 million metric tons in 2024, up 4.5% from 2023, with Europe as the main destination at 55%.
- The capacity growth could strengthen U.S. Energy security and economy, but a partial return of Russian gas may threaten about $120 billion in LNG investments.
11 Articles
11 Articles
Chevron, Shell, BP Target Egypt in LNG Power Play
The race has been on between the world’s leading powers to secure as much of the globe’s current and future liquefied natural gas (LNG) supplies ever since Russia invaded Ukraine on 24 February 2022. Oil and gas prices started to rise quickly from that point, driving inflation higher across the West and threatening economic slowdowns as interest rates began to rise to curb the spiralling prices. As sanctions hit Russia’s previously huge energy s…
US LNG Exporters Push Forward New Projects Despite Trade War Uncertainty
Woodside Energy's decision last month to proceed with its Louisiana LNG export facility was the first of over 90 million tonnes of new LNG shipping capacity U.S. companies plan to approve this year despite uncertainty about President Donald Trump's trade war, according to company statements and analysts.
US LNG exports up to 29 cargoes
ENB Pub Note: The last portion of this article is from the EIA weekly shipping reports. I added the summary of the key companies and destinations for an overall view of the LNG export market in the US. The US had 27 shipments this week. Overview of U.S. LNG Exports in 2024–2025 The United States is the world’s largest LNG exporter, with exports reaching 88.3 million metric tons (MT) in 2024, a 4.5% increase from 84.5 MT in 2023, driven by new ca…
America’s LNG boom surges ahead with 90 MTPA of new capacity on deck
America’s LNG boom surges ahead with 90 MTPA of new capacity on deck May 16, 2025 Posted by: Quatro Strategies Categories: Oil & Gas, United States No Comments Subscribe to unlock this insight. START YOUR TRIAL NOWALREADY A MEMBER? .vc_custom_1452662201783{margin-right: 0px !important;margin-bottom: 40px !important;margin-left: 0px !important;}.vc_custom_1533640275437{margin-botto…
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