Overview

• The EIA reports planned U.S. additions of about 13.9 Bcf/d from 2025–2029, putting North American LNG capacity on track to rise from 11.4 Bcf/d at the start of 2024 to roughly 28.7 Bcf/d by 2029.
• The IEA expects North America to account for over half of global LNG capacity additions through 2029.
• Five major U.S. projects have reached final investment decision and are under construction—Port Arthur, Rio Grande, Woodside Louisiana, Golden Pass, and CP2 Phase 1—with most new capacity concentrated on the Gulf Coast.
• Several facilities have shipped initial cargoes but are not yet in commercial operation, and developers cite execution risks, including Golden Pass seeking a deadline extension to 2029, Plaquemines revising its schedule and costs, and Woodside’s Louisiana project in early construction without a commissioning date.
• LNG Canada shipped its first cargo on July 1 and is expected to reach 1.84 Bcf/d at full capacity, with Woodfibre targeted for 2027 and Cedar for 2028, while Mexico is building 0.6 Bcf/d of export capacity sourcing U.S. gas after its first cargo in 2024.