Page 118 - RusRPTFeb23

At the crux of Europe’s upside risk is the fact that it still faces a fundamentally tight natural gas market until at least 2024 when substantial additions of US LNG capacity come online, Poten & Partners’ Jason Feer, global head of business intelligence, told NGI.
The largest addition to US export capacity isn’t expected for another two years. The first train of ExxonMobil and QatarEnergy’s Golden Pass LNG southeast of Houston could start up in 2024, with the second and third trains expected to follow in 2025.
Venture Global LNG Inc. is ramping up production at the Calcasieu Pass terminal in Louisiana. Its Plaquemines LNG facility could have half of its 18
118 RUSSIA Country Report February 2023 www.intellinews.com