An Unremarkable Year?
The year 2021 is unlikely to go down in history as a particularly memorable one for the world of liquefied natural gas. It has been another quiet year for project development, with the ongoing Covid-19 global pandemic still impacting the industry negatively, from plants to shipyards. Final Investment Decisions (FIDs) taken for LNG export plants in 2021 totalled two, for a total nameplate capacity of 37 million t/y, less than half of that for 2019. However, these are located in the industry’s market leaders for capacity, Australia and Qatar, thus consolidating their lofty position. In Australia, the 4.3 million t/y, Woodside-led Pluto LNG reached FID on a 5.0 million t/y second train for Ph
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