IGU: Global 892 million metric tons/year LNG projects are pending approval

According to a report from the World Natural Gas on June 3, the International Natural Gas Union (IGU) estimated in its "World LNG Report 2021" released on June 3 that there are approximately 892.

However, IGU pointed out that most projects that have not received a final investment decision may not make progress.

IGU explained: “Most of the production capacity of the proposed U.

Most of Canada's production capacity (179.

IGU said: "This is a key driver for the increase in the number of LNG export projects proposed on the west coast of Canada, although most of the projects are still in the early stages of development.

Wang Jiajing excerpted from World Natural Gas

The original text is as follows:

892MN MT/YR OF GLOBAL LNG CAPACITY AWAITING SANCTION: IGU

There is some 892.

However, the IGU notes that a "large portion of the pre-FID projects are likely not to progress.

The US accounts for 39.

"The large inventory of proposed US projects is primarily driven by the growth in shale gas output in the US over the past few years," the IGU explains.

The majority of the capacity in Canada, 179.

"This is a key driver for the increase in the number of proposed LNG export projects on the Canadian west coast, although most remain in early development stages," the IGU says.

The Kitimat LNG and Woodfibre LNG projects will be powered by hydroelectricity, for example, while the third and fourth trains of LNG Canada will use natural gas turbines for the liquefaction process in order to minimise fuel use.