The US Energy Information Administration (EIA), in its latest Natural Gas Monthly, said that US net natural gas exports averaged 4.1 Bcfd in the January-June period of 2019 averaged, more than doubles last year’s average of 2.0 Bcfd. The US exports natural gas by pipelines to Mexico and Canada and ships LNG to other overseas markets.
The natural gas export growth in recent times was driven mainly by exports of LNG on the back of a series of LNG facilities, which came onstream. US LNG exports grew 37% year-on-year during H1 2019. There are four facilities and nine liquefaction trains active in the US, with a total export capacity of 5.4 Bcfd.
During the period, two new liquefaction units (trains) came onstream. They are 1.7 Bcfd Cameron LNG Train 1 in Louisiana and 1.2 Bcfd Corpus Christi LNG Train 2 in Texas. More facilities came onstream in H2, including 2.0 Bcfd Freeport LNG in Texas, 0.3 Bcf/d Elba Island in Georgia. By the end of 2019, the US will have an LNG export capacity of 8.9 Bcfd.
Despite robust growth in LNG exports, most US natural gas was exported through pipelines to Mexico and Canada. Natural gas exports to Mexico grew 5% year-on-year to an average of 4.9 Bcfd in H1. Meanwhile, exports to Canada were stagnant despite reaching 3.3 Bcfd in January, the highest so far this year.
The EIA expects net natural gas exports to increase through the end of the year, in line with more facilities and pipelines entering into service. The agency projected the US net natural gas exports to average 4.6 Bcfd this year and 7.2 Bcfd next year.
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Published on October 31, 2019 1:00 AM (GMT+8)Last Updated on January 17, 2020 2:13 AM (GMT+8)
