U.S. natural gas production reached the eye-popping total of 25 trillion cubic feet in 2012, and recent estimates by the Energy Information Administration show that the U.S. surpassed both Russia and Saudi Arabia this year in producing the resource. But creating an export-driven natural gas renaissance in the United States requires infrastructure—and a lot of it.
Research firm IHS forecasts the liquefied natural gas (LNG) boom leading to about $346 billion in energy-related infrastructure investments by 2025. "The advantage is the U.S. has a lot of infrastructure and a unique arbitrage opportunity in overseas markets thanks to the shale boom," notes Alex Choinski, partner and project finance lawyer at the law firm of McDermott Will & Emery. "The economics can work if you can get the timing and deal structure right."
(Read more: Pressure mounts on US to export natural gas)
The rapidly expanding landscape for natural gas holds serious challenges—and plenty of opportunity—for U.S. energy markets. Read on for 10 big natgas export projects to watch.
By Javier E. David
Posted 5 Nov. 2013