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Of total gas production, yes. However, LNG is a different story. Unless I'm doing the math wrong (which is quite possible), this facility alone will produce ~
by jofer 11y ago
Of total gas production, yes. However, LNG is a different story.
Unless I'm doing the math wrong (which is quite possible), this facility alone will produce ~2% global LNG production. (This facility has a capacity of up to 5.3 mmtpa, while global production of LNG in 2014 was 246 mmtpa.)
I'm not saying it's dwarfing global supply, but a single facility producing 2% of the global output is a pretty big deal.
Of course, global LNG output will probably be significantly higher by the time this facility comes on-line, and 5.3 mtpa is its maximum production.
At any rate, it doesn't really detract from what you were saying overall, but this is a very major player in the LNG market.