US LNG exports can reach 200mn t/yr – Cheniere
North America, including Mexico, can make a substantial contribution to global supply
“We believe that the [US] upstream resource base… is very large and very attractive, [offering] decades and decades of affordable and reliable supply of gas from a massively fragmented industry that responds quickly to price signals,” Anatol Feygin, chief commercial officer of US LNG exporter Cheniere Energy told the Gastech conference in Milan on Tuesday. “Infrastructure is more of a challenge in North America today. The industry has to find ways to solve some of the permitting delays and cost overruns that we have seen with recent projects. It is much easier with intrastate solutions than interstate solutions. Ultimately, the market will resolve that,” he continues. 250mn t/yr – Comb
Also in this section
27 March 2024
Oil producers have to untangle the increasingly complicated relationship with their natural resources
26 March 2024
Strategic stocks have become as much a market management tool as a security of supply buffer, and this new tactic is likely to continue beyond the next election
25 March 2024
Low carbon intensity and sizeable projects such as Johan Castberg coming onstream in late 2024 suggest a robust outlook at least until 2030
22 March 2024
And the outlook for the country’s upstream appears to have improved following legal setbacks in 2023