So far this year, Australia’s Woodside has announced the FID for the Louisiana LNG project and plans to start production in 2029. Despite emerging risks such as price declines amid an expected global LNG oversupply toward the end of the decade, “US LNG is still one of the hottest investments in energy,” WoodMac’s analysts noted. The U.S. LNG exports will benefit from growing global demand, WoodMac reckons. U.S. Natural Gas Producers Win Big in Any ScenarioThe coming global LNG glut could reduce profits for U.S. exporters in the medium term, but the rise in export capacity is set to raise domestic U.S. natural gas prices. Natural gas producers will have demand for their output coming from both increased domestic gas-fired power and rising LNG exports.