EIA sees US becoming net natural gas exporter in H2 2017

13 Jul 2016   exports, USA

With natural gas pipeline exports to Mexico on the rise and the ramp up of US LNG exports from Louisiana, the US Energy Information Administration on Tuesday projected the US will become a net exporter of natural gas in the second half of 2017. EIA’s July Short-Term Energy Outlook predicted gross pipeline exports will rise by 0.7 Bcf/d in 2016, then taper off by 0.2 Bcf/d in 2016 to an average of 5.3 Bcf/d. Driving the increase are the growing appetite from Mexico’s power sector and flat gas production there. At the same time, following the February kickoff cargo shipments from Cheniere’s Sabine Pass LNG liquefaction plant in Louisiana, the agency as well expects a rise in gross LNG exports of 0.5 Bcf/d in 2016, and then 1.3 Bcf/d in 2017 as Sabine Pass ramps up capacity, the EIA outlook said. “For the first time since 1957, the United […]

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