Virtually Overnight The US Becomes The World's Third Largest LNG Exporter -- Motley Fool -- Making America Great -- February 24, 209 - Hallo friendsMY LIVE MY WAY, In the article you read this time with the title Virtually Overnight The US Becomes The World's Third Largest LNG Exporter -- Motley Fool -- Making America Great -- February 24, 209, We have prepared this article for you to read and retrieve information therein. Hopefully the contents of postings Article my style, Article my way, Article New ways, Article their way, We write this you can understand. Alright, good read.

Title : Virtually Overnight The US Becomes The World's Third Largest LNG Exporter -- Motley Fool -- Making America Great -- February 24, 209
link : Virtually Overnight The US Becomes The World's Third Largest LNG Exporter -- Motley Fool -- Making America Great -- February 24, 209

Virtually Overnight The US Becomes The World's Third Largest LNG Exporter -- Motley Fool -- Making America Great -- February 24, 209

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From Motley Fool via Yahoo!Finance -- why 2019 will be a big year for LNG?

Given how long it takes to bring liquefied natural gas (LNG) export terminals online, it's not exactly a surprise that 2019 will be a monumental year for the domestic industry. Investors saw it coming years ago. But that doesn't make the growth any less impressive.

Actually, I don't agree that it takes all that long (if you are building in Texas) -- remember, these are billion-dollar projects -- we started posting all the proposed facilities only a couple years ago, back in October 2016. Since then, a lot of terminals have come on line. Probably faster than the world can really adjust in the first place.

But I do agree with the second part of that paragraph: Investors saw it coming years ago.

Some data points:

• by late 2018, two terminals built, capacity to 3.6 billion cfpd
• • Sabine Pass, owned by Cheniere Energy: 2.8 Bcf/d
  • Cove Point, owned by Dominion Energy: 0.8 Bcf/d
• but by end the of 2019, four more LNG export terminals
• • will double export capacity to 8.9 Bcf/d
  • the US will become the world's 3rd-largest exporter of LNG (Qatar, #1; Australia, #2)
• players:
• • Dominion Energy
  • Kinder Morgan
  • Sempra Energy (Cameron LNG terminal)
  • Freeport LNG (privately held)

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