EIA LNG news
Rystad: LNG maintains grip on fuels despite dual fuel growth
Rystad energy reports that despite the growth in dual fuels, LNG remains supreme in terms of shipping fuel choices.
GlobalData: oil and gas contract value sustains despite 22% drop in volume during 2023
Oil and gas industry exhibits resilience as contract value sustains despite 22% drop in contract volume during 2023, reveals GlobalData.
The US remained the largest LNG supplier to Europe in 2023
The US was again the largest supplier of LNG to Europe (EU-27 and the UK) in 2023, accounting for nearly half of total LNG imports, according to data from CEDIGAZ.
EIA: New pipelines will bring significant volumes of natural gas to new LNG export terminals
More than 20 billion ft3/d of natural gas pipeline capacity is under construction, partly completed, or approved to deliver natural gas to five US LNG export terminals that are currently under construction, according to the U.S. Energy Information Administration’s Natural Gas Pipeline Project Tracker.
EIA: LNG export capacity from North America likely to more than double through 2027
According to the U.S. Energy Information Administration, North America’s LNG export capacity is expected to expand to 24.3 billion ft3/d from 11.4 billion ft3/d today.
US top exporter in 1H23
The U.S. Energy Information Administration has reported that the US exported more LNG than any other country in 1H23.
EIA: Three more countries began importing LNG this year, and more will follow
The U.S. Energy Information Administration estimates that global LNG import capacity is set to expand by 16% by the end of 2024 compared with 2022.
EIA: LNG-exporting Gulf Coast states drove US natural gas demand growth
The U.S. Energy Information Administration has reported that US natural gas demand (domestic consumption plus gross exports) increased 43% from 2012 to 2022.
EIA: US natural gas production and LNG exports will likely grow through 2050
The U.S. Energy Information Administration's Annual Energy Outlook 2023 projects US natural gas production to increase 15% and LNG exports to increase 152% between 2022 and 2050.
EIA: US natural gas disposition increased in 2021, driven by exports
The EIA’s most recent annual data for 2021 shows that the net disposition of natural gas in the US increased by 3.6% in 2021 compared with 2020 as a result of growth in LNG exports.