892mn mt/yr of global LNG capacity awaiting sanction: IGU There is some 892.4mn metric tons/year of liquefaction capacity awaiting final investment decisions (FIDs), the International Gas Union has estimated in its World LNG Report 2021, published June 3. A further 137.3mn mt/yr is either under construction or has been sanctioned for development, the gas industry association estimates. However, the IGU notes that a "large portion of the pre-FID projects are likely not to progress. Given the weak economic landscape in 2020, developers have pushed back on capital-intensive pre-FID liquefaction projects and reinstated their strategies." It adds "this puts small-scale LNG in the spotlight as it remains a growing segment within the wider LNG sector with significant potential."