US EIA sees ‘limited’ increase in global LNG exports in 2023

Global growth in exports of liquefied natural gas will be “limited” in 2023 with new capacity addition at the lowest level in a decade, according to the US Energy Information Administration (EIA).

In its latest weekly natural gas report, the EIA estimates only 1 billion cubic feet per day of new LNG capacity will be coming online globally this year, spread across four projects — two in Africa and two in Indonesia.

The Greater Tortue floating LNG operation offshore Senegal and Mauritania and the Tango FLNG project in Congo-Brazzaville would add a combined capacity of 400 million cubic feet per day.