In 2010, Cheniere Energy Inc. proposed the first LNG
liquefaction project on the U.S. Gulf Coast. In the ensuing decade,
a fundamental revolution in U.S. gas production — driven
primarily by new drilling and gas recovery technologies —
upended the domestic and world energy economy and drove tens of
billions of dollars of investment in U.S. LNG liquefaction
infrastructure. In just 10 years, U.S. liquefaction capacity has
gone from nearly nothing to consuming 7.68 Bcf/d of feedstock in
December 2019, which is set to increase to 8.8 Bcf/d once a final
round of nearly completed facilities reach substantial completion
early this year. On January 27, 2020, Cheniere delivered its
1,000th LNG cargo in just four years of commercial operation
between its two liquefaction facilities. Global demand for LNG
continues to grow, with McKinsey predicting 3.6% annual growth
through 2035 and the U.S. Energy Information Administration
anticipating a more-than 100% increase in current U.S.
