EIA: U.S. Expected to be Net Gas Exporter in 2017
The U.S. Energy Information Administration’s (EIA) latest Short-Term Energy Outlook projects that the United States will export more natural gas than it imports in 2017. The United States has been a net gas exporter for three of the past four months and this is expected to continue for the rest of 2017 and throughout 2018 due to growing U.S. natural gas exports to Mexico, declining pipeline imports from Canada, and increasing exports of LNG. EIA also expects exports of LNG to increase as five new liquefaction projects currently under construction—Cove Point, Cameron, Elba Island, Freeport, and Corpus Christi—come online in the next three years, increasing total U.S. liquefaction capacity from 1.4 Bcf/day at the end of 2016 to 9.5 Bcf/day by the end of 2019.