The advantage of LNG over natural gas pipelines is that LNG allows for transacting with different parts of the world, rather than being limited to fixed pipeline routes between specific locations. LNG ships are relatively expensive to build, with costs exceeding $150 million per ship. However, there is a small but growing fleet of LNG ships to meet the increasing demand for LNG transportation.
In North America, several LNG export facilities are planned or already under construction. These facilities are expected to significantly increase the supply of LNG. The table provided lists the planned LNG export facilities, their locations, owners, license details, and expected startup dates.
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