Global liquefied natural gas (LNG) demand could exceed available supply by up to 150 million tons per annum (mtpa) by 2025, and planned LNG projects outside North America could supply roughly one-third of that shortfall. So says the top executive of a company developing a South Texas LNG export project and associated natural gas pipeline. “This leaves approximately 100 mtpa of new liquefaction capacity that must be developed and built in North America,” said Matt Schatzman, president of CEO of NextDecade Corp., in an April 26 keynote address to the CWC China LNG & Gas International Summit in Beijing. “We believe most of this new capacity will be built on the Gulf Coast of the United States.” NextDecade’s projects include: The 27-mtpa, six-train Rio Grande LNG export terminal in the Port of Brownsville, Texas […]