Thursday, August 29, 2019

US LNG Export Potential


The US is a net exporter of Liquid Natural Gas, a high demand commodity that will allow the US to reduce its Trade Deficit.

US LNG Export capacity is set to double in 2019
EIA projects that U.S. liquefied natural gas (LNG) export capacity will reach 8.9 billion cubic feet per day (Bcf/d) by the end of 2019,

2019   8.9 Bcf/d
2021 10.0 Bcf/d


Liquid Natural Gas Importing Countries

1 cubic foot = .0283168 cubic meters.

Japan     113.0 bcm
China       73.5 bcm
S Korea    60.2 bcm
India         30.6 bcm
Spain       15.0 bcm
Turkey      11.5 bcm
France      13.1 bcm
Italy            9.0 bcm
UK             7.3 bcm


LNG Production by Country 2018

US                864 bcm
Russia          741 bcm
Iran               232 bcm
Canada        188 bcm
Qatar            168 bcm
China            160 bcm
Norway         127 bcm
Australia        125 bcm
Saudi Arabia   98 bcm
Algeria             96 bcm
Turkmenistan  85 bcm
Indonesia      75 bdm


Norb Leahy, Dunwoody GA Tea Party Leader

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