HomeNewsTen years after first cargo, U.S. LNG dominance set to keep growing

Ten years after first cargo, U.S. LNG dominance set to keep growing

2/25/2026
  • S. celebrates 10 yrs of LNG exports
  • S. could double current LNG output in 5 yrs
  • Two of world's three largest LNG exporters are in the U.S.

In the 10 yrs since the first export cargo of liquefied natural gas left Louisiana, the United States has grown rapidly into the top supplier of the ultra-cooled fuel to world consumers.

That dramatic expansion shows no sign of slowing down, with analysts and industry executives projecting that record U.S. LNG export capacity will double in just 5 yrs.

Whether the world market, already showing signs of saturation, will be able to absorb those supplies is an open question.

Shell's CEO Wael Sawan said earlier this month that the LNG sector was expanding at a rate of about 3% per annum, outpacing the gas market.

Cheniere Energy exported the first LNG cargo from the lower 48 states on February 24, 2016, from its Sabine Pass facility, marking a new era for the U.S. LNG industry that would eventually see it overtake heavyweights Qatar and Australia.

Cargoes of LNG had previously been exported from Alaska in thin quantities.

Now, the United States is processing around 18 Bft3d of natural gas into LNG, according to LSEG and EIA data, making it the top supplier. Gas at the wellhead is measured in cubic feet while LNG is measured in metric tons.

"LNG exports from the United States increased for several reasons, including abundant natural gas supply and reserves, flexible LNG export contracts, and relatively low feedgas costs," the U.S. Energy Information Administration (EIA) said in a statement on Tuesday.

Increasing international demand, particularly from Europe following Russia's invasion of Ukraine, and a favorable investment climate have supported LNG infrastructure expansions in the U.S., the EIA said.

The EIA said late last year that LNG exporters in the U.S. have announced plans to bring U.S. liquefaction capacity up to 28.7 Bft3d by 2029, from 11.4 Bft3d at the start of 2024.

Two of the world's three largest LNG exporters are located in the U.S., Cheniere and Venture Global.

"Venture Global went from a startup with zero LNG capacity to operating or constructing three facilities within six years, and over 100 (metric MMtpy) of planned capacity in production, construction, or development," the company said on Tuesday.

Cheniere said it has invested $50 B in growing its two export facilities over the past decade and aims to double output to 100 metric MMtpy by the mid-2030s.

"At the end of 2016, our operational capacity was approximately 9 MMtpy. Today, it is approximately 52 MMtpy and climbing, as we continue to bring Corpus Christi Stage 3 trains online," Cheniere said on Tuesday.

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