LNG Projects 2026: The Top 10 Shaping Global Supply

At least 35 million metric tons of new LNG capacity is coming online in 2026 — enough to push global supply up by as much as 10% year-on-year, according to forecasts from S&P Global Energy, Kpler, and Rystad Energy. The wave of LNG projects 2026 brings online represents the largest single-year supply addition in years, with the US and Qatar accounting for the majority of new volumes. Global LNG supply is forecast to reach between 460 and 484 million metric tons this year as projects delayed by the pandemic and engineering bottlenecks finally reach first cargo. These are the ten projects defining that supply surge.

How We Ranked the Top 10 LNG Projects 2026

Rankings reflect a combination of production scale, strategic significance to global supply balances, stage of development in 2026, and impact on key import markets in Asia and Europe. Projects are ranked as individual developments rather than by the aggregate portfolios of their parent companies. Both greenfield liquefaction terminals and major expansion trains are included where their 2026 contribution to global LNG supply merits inclusion.

1. Golden Pass LNG — Texas, USA

Golden Pass LNG, the export terminal under development on the Sabine Pass Waterway in Sabine, Texas, is among the most consequential US LNG projects 2026 will see advance toward completion. The project — a joint venture between QatarEnergy (70%) and ExxonMobil (30%) — is designed to deliver approximately 18 mtpa at full capacity across three liquefaction trains, making it one of the largest single LNG export facilities in North America when complete. Development was complicated by the bankruptcy of contractor Zachry Group in 2024, but the project has continued under revised construction arrangements with first LNG production targeted in 2026 and full ramp-up extending into 2027. European and Asian buyers have already contracted significant volumes from the facility ahead of commissioning.

2. Plaquemines LNG — Louisiana, USA

Plaquemines LNG, developed by Venture Global on the west bank of the Mississippi River in Plaquemines Parish, Louisiana, entered its commissioning phase in late 2024 and is ramping up production through 2026. The facility uses a modular mid-scale liquefaction design with a stated nameplate capacity of around 20 mtpa across two phases, making it one of the largest US LNG export facilities ever built — though actual delivered volumes in 2026 remain subject to ongoing commissioning progress. Plaquemines has attracted significant controversy over cargo delivery disputes with offtakers including Shell, BP, and Edison, but continues to produce and export LNG as commissioning advances. Its ramp-up through 2026 is a key factor in analysts’ forecasts for softer Asian spot LNG prices this year.

3. Qatar North Field Expansion — Qatar

Qatar’s North Field Expansion is the centrepiece of QatarEnergy’s strategy to grow national LNG production capacity from around 77 mtpa to 142 mtpa by 2030 — the largest LNG capacity expansion programme in history. The North Field East (NFE) project, targeting 32 mtpa of additional capacity across four mega-trains, and the North Field South (NFS) project, adding a further 16 mtpa, are progressing through construction with first production volumes from NFE expected to begin in 2026. QatarEnergy has signed long-term supply agreements with buyers across Europe, Asia, and North America extending as far as 2050. The scale of Qatar’s commitment to LNG projects 2026 and beyond effectively anchors the global supply outlook for the next decade.

4. LNG Canada — British Columbia, Canada

LNG Canada, located at Kitimat in British Columbia, is Canada’s first large-scale LNG export facility — a project 25 years in the making that finally shipped its first cargo in 2025. The Shell-led facility, with partners including PETRONAS, PetroChina, Mitsubishi, and Korea Gas Corporation, has a Phase 1 capacity of 14 mtpa across two trains and is ramping up export volumes through 2026. The project’s significance extends beyond its capacity: LNG Canada provides Pacific-facing supply to Asian markets from a geopolitically stable, low-emissions-intensity producer, making its cargoes particularly attractive to Japanese, Korean, and Chinese buyers seeking supply diversification. Phase 2, which would double capacity to 28 mtpa, remains under evaluation.

5. Corpus Christi LNG Stage 3 — Texas, USA

Cheniere Energy’s Corpus Christi LNG Stage 3 expansion is under active construction on the Texas Gulf Coast, adding seven mid-scale liquefaction trains with a combined capacity of approximately 10 mtpa to one of the US’s most established LNG export hubs. The project received its final investment decision in 2022 and is progressing toward first production with initial trains expected to come online through 2026 and 2027. Corpus Christi’s existing two-train capacity of around 15 mtpa will grow substantially as Stage 3 ramps up, cementing Cheniere’s position as one of the world’s largest LNG exporters. The project is fully contracted, with long-term offtake agreements with buyers in Europe and Asia underpinning the investment case.

6. Scarborough + Pluto Train 2 — Western Australia

Woodside Energy’s Scarborough LNG project involves developing the offshore Scarborough gas field in the Carnarvon Basin and processing the gas through a new second train at the Pluto LNG facility onshore at Karratha, Western Australia. The combined project targets first LNG production around 2026, with Pluto Train 2 adding approximately 5 mtpa of new capacity and Scarborough representing the largest Australian LNG development in a decade. The project has secured long-term offtake agreements with buyers in Japan, China, and South Korea. Scarborough-Pluto adds an important new Pacific basin supply source at a time when Asian demand — particularly from China and India — is forecast to recover sharply as prices ease from 2025 levels.

7. Greater Tortue Ahmeyim LNG — Senegal/Mauritania

The Greater Tortue Ahmeyim (GTA) project, a joint venture between BP, Kosmos Energy, and the national oil companies of Mauritania and Senegal, achieved first LNG production in 2024 and is ramping up through 2026 as one of West Africa’s inaugural deepwater LNG developments. The project uses a floating liquefaction vessel (FLNG) moored at a hub terminal on the maritime border between the two countries, with an initial production capacity of around 2.5 mtpa. GTA is significant not only for its volumes but for establishing Senegal and Mauritania as new LNG export nations — diversifying the global supply base away from the established Gulf and Asia-Pacific hubs. Further phases targeting additional capacity are under discussion.

8. Hail & Ghasha Gas Project — UAE

ADNOC’s Hail and Ghasha development is one of the world’s largest offshore sour gas projects, targeting first gas in 2026 from a complex of fields in the shallow waters of Abu Dhabi’s western offshore. The project is operated by the Ghasha Concession — a consortium including ADNOC alongside international partners ENI, Wintershall Dea, OMV, and Cepsa — and is designed to deliver significant gas volumes to meet the UAE’s growing domestic energy demand and support its industrial and power generation sectors. While Hail and Ghasha is primarily a domestic supply project rather than an LNG export development, its scale and the technical complexity of handling high-sulphur sour gas reserves give it global significance as a proof of concept for ultra-sour offshore gas development.

9. Jafurah Gas Development — Saudi Arabia

Aramco’s Jafurah basin development is Saudi Arabia’s first major unconventional gas project, targeting the kingdom’s largest tight gas play in the Eastern Province. Phase 1 targets around 1 billion standard cubic feet per day of sales gas by 2026, representing the leading edge of a programme Aramco expects to deliver 2.2 billion scf/d by 2030. Jafurah’s primary purpose is domestic — displacing liquid fuels currently used in Saudi power generation to free up more crude oil for export — but its scale, with development costs that industry analysts estimate in the tens of billions of dollars, and its role in Saudi Arabia’s long-term gas strategy make it one of the defining energy infrastructure stories of the decade. The development also produces significant ethane feedstock for the kingdom’s petrochemical sector.

10. Barossa Gas Project — Australia

Santos’s Barossa gas project in the Timor Sea, approximately 300 kilometres north of Darwin, is under construction as a subsea tie-back to the Darwin LNG facility, replacing the depleting Bayu-Undan field as the primary feedgas source for the onshore liquefaction plant. Barossa targets first gas in the 2025-2026 timeframe, with its supply critical to avoiding a prolonged production gap at one of Australia’s established export terminals. The project has faced sustained legal challenges from Tiwi Islands traditional owners over environmental approvals, adding complexity to its development timeline. Barossa represents the broader challenge facing mature LNG export nations: finding and sanctioning new backfill gas supplies to sustain existing terminal capacity rather than building greenfield infrastructure.

LNG Projects 2026: The Outlook for Supply and Prices

The combined impact of LNG projects 2026 is bringing online marks a structural shift in global market balance — from the supply tightness that characterised 2022 to 2025 toward a period of ample availability analysts expect to persist until at least 2029. As of early 2026 forecasts from Kpler and Rystad Energy, Asian spot LNG prices were projected to average in the high single digits per mmBtu this year, down materially from 2025 averages, as new US and Qatari supply competes for buyers across Asia and Europe. Europe, which absorbed Russian supply displacement through increased LNG imports, is expected to take 20 to 22 million additional tons of LNG in 2026 according to Rystad and Kpler. For infrastructure context on how these volumes move from liquefaction terminal to end market, see our analysis of the 2026 LNG storage infrastructure build-out, our guide to the top 10 natural gas storage companies, and our complete global tank terminals directory. Current LNG supply and demand data is published by the IEA’s natural gas and LNG data portal.

For the full Venture Global corporate profile including Calcasieu Pass operational status and the Plaquemines construction timeline, see the Venture Global LNG profile on OGSN.