LNG led decade-long gas demand growth in US: EIA
LNG led decade-long gas demand growth in US: EIA
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Natural Gas News
LNG led decade-long gas demand growth in US: EIA
Summary
Launch of LNG exports in 2016 spurred increased demand between 2012 and 2022. [Image: Bechtel] by: Dale Lunan
LNG production in Texas and Louisiana led a decade-long growth in demand for natural gas in the US between 2012 and 2022, the US Energy Information Administration (EIA) said June 27. In its daily To...
Related Knowledge Center: Liquefied natural gas
Driven by plentiful natural gas produced from shale plays, the United States began exporting liquefied natural gas in 2016 when the Sabine Pass terminal in Louisiana opened and shipped its first cargo. Since then, additional capacity, or trains, have been added to Sabine Pass, and terminals have become operational in Cameron Parish, La.; Hackberry, La.; Cove Point, Md.; and Corpus Christi, Texas. The Energy Information Administration projects that U.S. LNG export capacity will reach 8.9 billion cubic feet per day (Bcf/d) by the end of 2019, making it the third largest in the world, behind Australia and Qatar. The tariff war with China has the potential to impact some final investment decisions for additional terminals in the coming months.