North America should lead an expected record year for global LNG project sanctions in 2019, predicts Wood Mackenzie. North America should lead an expected record year for global liquefied natural gas (LNG) project sanctions in 2019, Wood Mackenzie reported Tuesday. According to Wood Mackenzie’s latest quarterly North America LNG projects update, three U.S. Gulf Coast developments – Sabine Pass Train 6, Golden Pass and Calcasieu Pass – are expected to reach final investment decision (FID) in the first half of 2019. In addition, the consultancy contends that two additional U.S. projects should follow shortly thereafter and another two projects in Canada and Mexico are “on the horizon.” “With FID imminent on three U.S. Gulf Coast LNG projects, North America is set to lead an expected record year for LNG project sanctions,” Alex Munton, principal analyst for Americas LNG with Wood Mackenzie, said in written statement emailed to Rigzone. “With […]