U.S. approves $5 billion offshore LNG export platform
Approval of a new LNG export platform can add future liquefied natural gas export capacity and affect global gas flows.
Source →The trace
How it reaches your house.
Starting from Natural Gas (Pipeline-Grade), we walked the supply graph hop by hop to the goods you buy and the companies you own. Each step is the engine’s reasoning, scored for confidence and cited where a source backs it.
First impact
Natural Gas (Pipeline-Grade) →supply upGlobal Liquefied Natural Gas (LNG) Supply
The approved Delfin FLNG project adds named future LNG export capacity, increasing global LNG availability once production starts around 2030.
“Delfin FLNG 1 expects production to begin in 2030, adding 4.4 million metric tons/year of LNG export capacity.”
87% confidenceCited →Natural Gas (Pipeline-Grade) →Stands to benefitWith a 97% supply share for pipeline-grade natural gas, the United States captures most of the supplier-side upside from incremental future LNG feedgas and export demand.
76% confidenceNatural Gas (Pipeline-Grade) →Stands to benefitHop 2
Kinder Morgan, Inc. →Stands to benefitInterstate natural gas transmission pipelines
New LNG export capacity would increase future demand for pipeline-delivered feedgas, benefiting Kinder Morgan-linked interstate transmission capacity given the edge's 40% market share, low substitutability, and very long replacement lead time.
66% confidenceWilliams Companies, Inc. →Prices riseInterstate natural gas transmission pipelines
If new LNG export capacity increases gas flows through Williams, demand for Williams-supplied interstate pipeline capacity can tighten and raise transportation-capacity costs, with the 30% market-share edge, low substitutability, and 120-month replacement lead time supporting a moderate effect.
56% confidenceKinder Morgan, Inc. →Stands to benefit