Annova, Cameron Both Advance, But Which LNG Model Will Prevail?

摘要

Which model will prevail in the "second wave" of US LNG projects? Will it be mid-scale phased projects of around 1 million to 2 million tons per year capacity? Or will it be large expansions of existing liquefaction trains? None of the large plant expansions has gone to a final investment decision so far. The market is growing increasingly dubious about larger liquefaction trains of around 5 million tons/yr. Smaller trains of up to 2 million tons/yr capacity may be more likely to have the cost and flexibility profile necessary to fit into a fresh wedge of LNG demand expected post-2025 (NGW Jul. 18' 16).