North America's LNG Boom: Brownfield Projects Set to Lead the Charge
A tight global natural gas market driven by lingering conflict in Iran is expected to sustain commercial momentum for new North American liquefied natural gas (LNG) capacity, according to Rapidan Energy.
The company forecasts that 20-30 million tonnes per year of new capacity will move ahead in 2027, with brownfield projects leading the way. This development comes as contracting is seen rising, providing a boost to the industry.