The race toward a final investment decision (FID) for U.S. LNG export projects this year is likely to exacerbate an expected supply glut later this decade, which could jeopardize some projects that have already crossed the finish line, said Gulfstream LNG CEO Vivek Chandra.

Chart showing North America’s operational and sanctioned LNG facility peak export capacity from March 2016 through September 2033, measured in billion cubic feet per day (Bcf/d). The graph visualizes growth from early projects like Sabine Pass and Corpus Christi to future expansions such as Plaquemines, Golden Pass, Rio Grande LNG, and Port Arthur LNG. The cumulative capacity surpasses 40 Bcf/d by the early 2030s, illustrating rapid LNG export growth across the United States, Canada, and Mexico. Source: NGI, U.S. DOE, and EIA.

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At A Glance:

Gulfstream targeting FERC authorization in 2026Timing FID for stronger demandFew U.S. LNG sites left in crowded market