Full Title: How Long Does it Take to Build an LNG Export Terminal in the United States?
Author(s): Rob Rozansky
Publisher(s): Global Energy Monitor
Publication Date: April 21, 2022
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Description (excerpt):
Despite a renewed push by the US government and LNG industry to advance proposed export terminals, new projects are not a viable solution to Europe’s near-term gas needs. Analysis by Global Energy Monitor (GEM) shows that such facilities have typically taken three to five years to build in the United States. As GEM has written in its March 2022 report Gas Run Aground, by the time new projects come online, they will be competing with new and cheaper sources of gas from suppliers such as Qatar, and new and cheaper renewables now
being fast-tracked in the European Union (EU). LNG projects commissioned later this decade will also be at odds with tightening climate commitments and calls from the IPCC and IEA for emissions to peak this decade.