Insights: LNG Buildout In North America To Extend Through 2024

Stratas Advisors sees North America as the main pivot point behind the future of the LNG industry through 2030.

A furious buildout in liquefaction in recent years, led by the U.S. and Australia, is expected to last through to the 2023-2024 period, but beyond that demand growth markedly outpaces current liquefaction project development. The lack of projects in the early stages of development outside of North America is likely to lead to a squeeze in the LNG market around the middle of the next decade, given the longer lead times around developing liquefaction terminals.