North America's LNG export capacity is set to double in three years, expanding from 11.4 Bcf/d in 2023 to 24.4 Bcf/d, thanks to ongoing projects in the United States, Mexico, and Canada.
This significant growth includes the first LNG export terminals in Mexico and Canada.
By the end of 2028, Mexico is expected to add 0.8 Bcf/d, Canada 2.5 Bcf/d, and the U.S. 9.7 Bcf/d from a total of 10 new projects under construction, according to EIA.
Mexico: Two key projects, Fast LNG Altamira and Energía Costa Azul, will contribute 0.6 Bcf/d. Fast LNG Altamira, located offshore in Tamaulipas, received its first shipment in August 2024, while Energía Costa Azul in Baja California plans to expand further.
Canada: In British Columbia, three projects, including LNG Canada and Woodfibre LNG, will add 2.5 Bcf/d by 2028, leveraging natural gas from Western Canada.
United States: The U.S. leads with five major projects, such as Plaquemines LNG and Corpus Christi Stage III, set to contribute 9.7 Bcf/d by 2028.
This expansion underscores North America's growing role in global LNG exports, providing new opportunities and reinforcing its position as a major energy supplier.
Where do Mexico, the United States and Canada export LNG?
United States: The U.S. is expanding its LNG export capacity significantly, aiming to supply both European and Asian markets. By 2028, it plans to add 9.7 Bcf/d to its Gulf Coast facilities.
Mexico: Mexico is focusing on exporting LNG to Asia, leveraging its Pacific coast and proximity to the U.S. It is developing projects to increase export capacity, with a focus on meeting growing demand in Asia.
Canada: Canada is enhancing its LNG export capabilities in British Columbia, targeting both domestic and international markets. By 2028, it expects to add 2.5 Bcf/d to its export capacity.
Comments