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More U.S. LNG Coming, but Where Will it Go?

More U.S. LNG Coming, but Where Will it Go?

oil_gas_production

Industry Segment: Production | Word Count: 640 Words

May 25, 2022--Researched by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--More natural gas volumes from shale plays will be coming to the global energy market, now that federal regulators approved new projects to feed export terminals on the U.S. Gulf Coast.

U.S. regulators during the first quarter approved new projects meant to bring shale natural gas to the Gulf Coast, in an effort to increase U.S. natural gas exports via pipelines or through liquefied natural gas (LNG).

Federal data show total U.S. natural gas exports reached 6.6 trillion cubic feet last year, a 186% improvement over 2016 levels. For LNG, the export of 3.5 trillion cubic feet marked a staggering 1,800% increase over 2016 levels.

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