The new six-month delay to the Golden Pass LNG Terminal LLC planned start-up in Texas will remove a fair amount of new supply from the market in a period of intense growth, shifting the surge from 2026 to 2027 and impacting both the global and North American gas markets, according to analysis from Wood Mackenzie.
Mark Bononi, principal of North America Gas and LNG asset research at Wood Mackenzie, says: ‘We have revised our forecast start-up for Golden Pass LNG by six months to December 2025. Specifically, we have pushed back first exports from Train 1 from June 2025 to December 2025. Similarly, we postponed first exports from Train 2 from December 2025 to June 2026, and Train 3 from June 2026 to December 2026 – keeping a six-month window between the start-up of the trains.’
