The U.S. is Leading in LNG Exports
The domestic liquefied natural gas (LNG) market has quadrupled over the last 20 years and is poised to double by 2030. The U.S. is now both the world’s largest producer of natural gas and the largest exporter of LNG.
Source: EIA
U.S. LNG offers significant global benefits including:
- Affordable, reliable and scalable supply
- Flexible contracting indexed to liquid pricing points
- Regulated U.S. market with high environmental and social standards
- Dependable source of certified responsibly sourced gas (RSG)
- Reduced greenhouse gas emissions (replacing coal and other high carbon intensity energy sources)
- Ease of deliverability to countries far from producing areas
Growing U.S. Infrastructure to Meet Global Demand
~14 bcf/d
LNG currently in service
~12 bcf/d
financed LNG facilities under construction (estimated in service 2024 – 2028)
~14 bcf/d
additional LNG expansions in discussion
Sources: EIA and project websites
Expand Energy is LNG Ready
First U.S. gas producer to execute an LNG Sale and Purchase Agreement
First U.S. producer to certify the production
of two major basins as RSG
Largest supplier of natural gas to Gulf Coast liquefaction facilities
Scaled assets and robust portfolio of firm transportation capacity with access to Gulf Coast/LNG corridor
Gas marketing expertise to optimize reliable physical feed gas supply to any Gulf Coast liquefaction facility or coordinate delivery to any North American facility via enhanced Marketing and Trading business
Our LNG Focus
Leverage and extend industry-leading LNG feed gas supply portfolio.
- Currently delivering ~1.5 – 1.8 bcfe/d of physical natural gas to domestic liquefaction facilities
- Target incremental volumes to LNG projects currently under construction, with increasing price exposure to international benchmarks
Current progress:
- 0.5 mtpa LNG Sale and Purchase Agreement with offtake from Delfin LNG at a Henry Hub linked price and subsequent sale to Gunvor at a JKM linked price
- Gunvor offtake Heads of Agreement (HOA) for up to an additional 1.5 mtpa with JKM linked price exposure
- Vitol offtake HOA for up to 1 mtpa with JKM linked price exposure
- Equity partner and anchor shipper on Momentum’s NG3 (Haynesville to Gulf Coast pipeline and carbon capture project)
- ~1.9 – 2.0 bcf/d of firm transportation to Gillis Hub, expanding to more than ~2.5 bcf/d by year-end 2025
Key interest for LNG transactions:
- Indexation Price: JKM, Brent, TTF, NBP
- Term: Up to 20 years
- Structure: FOB, On-Grid, Equity, Joint Venture, Financial Swap, Tolling
- Strategy: Provide low cost, low carbon energy to growing markets and economies across the globe
Deep, Proven Inventory
Responsibly Sourced and Lower Carbon
Flexible Production Growth
Access to LNG Export Facilities