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IPFS News Link • Energy

US will become world number 2 in liquid Natural gas exports and China will be number one importer

• by brian wang

EIA estimates that dry natural gas production will average 81.3 Bcf/d in 2018, an 11% increase from 2017 levels. In 2019, production is expected to rise by another 4%, averaging 84.5 Bcf/d for the year.

The United States was a net exporter of natural gas in the first quarter of 2018, with net exports averaging 0.5 Bcf/d. Rising LNG exports and pipeline exports have contributed to a shift from the United States being a net importer of natural gas as recently as the first quarter of 2017.