US liquefaction giant Cheniere Energy sees the incoming new supply wave of LNG this decade as being absorbed by the market and contributing to long-term energy stability.

Speaking on the company’s first-quarter results call, Cheniere executive vice president and chief commercial officer Anatol Feygin said that there are some 200m tonnes of annual LNG production capacity due to come onstream after 2025, in what he said marks a third expansion wave for the industry.