US natural gas exports
With the rising US natural gas production, natural gas exports continue to rise. US natural gas exports averaged 9.9 Bcf/d (billion cubic feet per day) in 2018. The exports touched 11.7 Bcf/d in December 2018. The two primary ways of exporting gas are through pipelines or as LNG (liquefied natural gas). The pipeline exports reached 7.7 Bcf/d and the LNG exports reached 4.0 Bcf/d in December. The United States became a net exporter of natural gas in 2017.
US LNG exports contributed significantly to the total US natural gas exports. LNG exports grew by 53% in 2018. According to the U.S. EIA’s (Energy Information Administration) March 2019 STEO (short-term energy outlook), the annual US gas exports by pipeline will exceed imports by pipeline in 2019.
The EIA expects the US LNG exports to average 5.1 Bcf/d in 2019, up from an average of 3.0 Bcf/d in 2018. The LNG exports are expected to rise to an average of 6.8 Bcf/d in 2020. The above graph shows monthly US natural gas exports for over ten years.
Cheniere Energy’s (LNG) (CQP) Sabine Pass Liquefaction Project and Corpus Christi project, Dominion Energy’s (D) Cove Point LNG export facility, and Kinder Morgan’s (KMI) Elba Liquefaction project are some of the LNG projects that are expected to contribute to the growth in LNG exports.
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