Daily Newsletter

04 September 2024

Daily Newsletter

04 September 2024

US LNG exports rise in August as outages and maintenance end

The US shale revolution has seen it become a global leader in liquefied natural gas (LNG) exports.

Ed Pearcey September 04 2024

The US saw its LNG exports rise is August as Freeport LNG’s output increased and maintenance operations came to an end.

Freeport LNG, the Texas-based export terminal, occasionally went above capacity after infrastructure and technological changes allowed more gas to flow.

The facility, a former import terminal-turned-LNG liquefaction and export facility, had suffered several outages in July.

The data, reported on Wednesday by several US news outlets and supplied by financial company LSEG, revealed that gas exports rose to almost 7.5 million tonnes (mt) last month, from just under 7mt the month before.

Just-released data from the Energy Information Association (EIA) indicates that North American LNG exports are set to double within the next three years to 24.4 billion cubic feet per day (bcf/d).

The information provider expects the US to take on the bulk of the expansion at almost 10bcf/d, with Mexico and Canada accounting for the remainder.

Uncover your next opportunity with expert reports

Steer your business strategy with key data and insights from our latest market research reports and company profiles. Not ready to buy? Start small by downloading a sample report first.

Newsletters by sectors

close

Sign up to the newsletter: In Brief

Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Thank you for subscribing

View all newsletters from across the GlobalData Media network.

close