Five LNG Megaprojects Poised to Power the Next Gas Boom

IndustryCommodity
โดย Oilprice.com·GLOBAL·Read original
Summary · why it matters

Oilprice.com has identified the five largest liquefied natural gas projects under development as global demand is expected to reach nearly 700 million tonnes a year by 2050, 65% higher than 2025 levels. QatarEnergy is expanding its North Field West project with two LNG mega trains that will add around 16 million tonnes per year, part of a broader plan to lift Qatari capacity from 77 million to 142 million tonnes annually. Glenfarne Group is developing Alaska LNG and is in talks with two more potential buyers to secure offtake agreements for another 3 million metric tons before a final investment decision, having already secured more than 13 million tons of its 20-million-ton target capacity. Argentina LNG is advancing a floating LNG project targeted for 2027 with initial capacity of 2.45 million tonnes per year, while a larger 12 to 30 million tonnes per year venture led by YPF, Eni, and XRG eyes a final investment decision in late 2026 and first shipments around 2030-31. NextDecade's Rio Grande LNG project in South Texas is designed for up to 48 million tonnes per annum, with Trains 1 and 2 over 74% complete and first production expected in the first half of 2027, while funding for Trains 4 and 5 was secured in late 2025.

Impact on stocks 6

Energy Transition & Power Demand▲ · 3 stocks
Nextdecade Corp
NEXT
▲ PositiveSupplyrelevance

Rio Grande LNG project progress and funding secured for Trains 4 and 5

Energy▲ · 3 stocks
Eni S.p.A.
ENI
▲ PositiveDemandrelevance

Part of YPF-led Argentina LNG venture targeting FID in late 2026

Theme Impact 1

Off-coverage companies 3

Glenfarne Group, LLCPrivate▲ Positive
Demandrelevance

Alaska LNG securing offtake agreements for additional 3 million tons

QatarEnergyPrivate▲ Positive
Supplyrelevance

Expanding North Field West with two mega trains to increase capacity

XRGPrivate▲ Positive
Demandrelevance

Part of YPF-led Argentina LNG venture targeting FID in late 2026

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