Article

U.S. LNG exports surged 24% to a record 14.6 Bcf/d in 2025, driven by 9 Bcf/d of new capacity under construction from major players like Venture Global and Cheniere. Despite facing market challenges, including compressed spreads and stock declines, three projects aim for Final Investment Decision by early 2026, with Delfin FLNG anticipated to lead. Improved global weather forecasts in early 2026 may enhance LNG margins and equities.