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According to foreign media sources, the US natural gas market is undergoing a structural shift that could shake established global liquefied natural gas (LNG) orders
.
The United States became a net exporter of natural gas in 2017, the first time the United States has become a net exporter
of natural gas in the past 60 years.
U.
S.
net natural gas exports averaged approximately 400 million cubic feet per day in 2017 and 1.
8 billion cubic feet per day
in 2016 due to increased natural gas exports to Mexico and growing LNG exports from the Sabine Pass LNG export terminal.
Growing shale gas production in the U.
S.
is underpinning the market shift
.
In addition to driving a significant increase in exports, the abundance of natural gas supplies in the United States is changing the pattern
of domestic demand in the United States by expanding natural gas power generation and industrial use.
According to foreign media sources, the US natural gas market is undergoing a structural shift that could shake established global liquefied natural gas (LNG) orders
.
The United States became a net exporter of natural gas in 2017, the first time the United States has become a net exporter
of natural gas in the past 60 years.
U.
S.
net natural gas exports averaged approximately 400 million cubic feet per day in 2017 and 1.
8 billion cubic feet per day
in 2016 due to increased natural gas exports to Mexico and growing LNG exports from the Sabine Pass LNG export terminal.
Growing shale gas production in the U.
S.
is underpinning the market shift
.
In addition to driving a significant increase in exports, the abundance of natural gas supplies in the United States is changing the pattern
of domestic demand in the United States by expanding natural gas power generation and industrial use.
