LNG Liquefaction Capacity Expansion Projects in US and Qatar

under construction and approved

Around 270 bcm of approved or under construction LNG liquefaction capacity is currently in the pipeline to be commissioned by 2030, primarily driven by projects in the US and Qatar. These projects mark a new growth phase following a prolonged period of stagnation, reflecting the cyclical nature of the liquefaction sector. The projects are capital-intensive, typically costing around $0.75 billion per bcm, with long development timelines of four to five years from Final Investment Decision (FID) to operation. The LNG market is expected to remain broadly balanced with limited new developments in the short term and ample supply by 2030.