U.S. LNG Exports Set To Exceed Pipeline Gas Exports Next Year ...Middle East

Economy by : (OILPRICE) -
Exports of liquefied natural gas (LNG) out of the United States are set to exceed America’s gross natural gas exports via pipeline on an annual basis in 2022, the U.S. Energy Information Administration (EIA) said on Thursday. LNG exports are set to remain strong this year, after recovering at the end of last year from the pandemic-inflicted slump in global energy demand and depressed gas prices. EIA expects LNG exports to average 8.5 billion cubic feet per day (Bcf/d) in 2021 and 9.2 Bcf/d next year, compared with expectations of average…

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