IEA: U.S. LNG Exports Go into High Gear

SUGAR LAND--July 14, 2017--Researched by Industrial Info Resources (Sugar Land, Texas)--The International Energy Agency (Paris, France) estimates that by 2022, the U.S. will be on course to challenge Australia and Qatar for global leadership among liquefied natural gas (LNG) exporters. The U.S. will account for 40% of the world's extra gas production in 2022, thanks to the "remarkable growth in its domestic shale industry," the IEA said in a Thursday press statement. Industrial Info is tracking nearly $26 billion in active U.S. LNG terminal-related projects.