THIS year is bound to be a red-letter one for the US liquefied natural gas industry, which is expected to see an unprecedented number of final investment decisions and a big production boost as more export facilities come online.

The US Energy Information Administration (EIA) projects US LNG export capacity will reach 8.9 billion cubic feet per day by the end of 2019, more than double the level at the end of 2018. The increase would make the nation the third-largest LNG exporter in the world, behind Australia and Qatar.