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    Home > Chemicals Industry > Petrochemical News > U.S. natural gas production will increase in 2021, demand will slow

    U.S. natural gas production will increase in 2021, demand will slow

    • Last Update: 2021-10-21
    • Source: Internet
    • Author: User
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    Foreign news on October 13th, the U.
    S.
    Energy Information Administration (EIA) stated in its short-term energy outlook report on Wednesday that natural gas production in the United States will increase in 2021, and production fell last year, as the new crown epidemic disrupted demand
    .


    EIA predicts that natural gas production will increase to 92.
    55 billion cubic feet per day in 2021, 96.
    41 billion cubic feet per day in 2022, and 91.
    49 billion cubic feet per day in 2020
    .


    The output in 2019 hit a record high of 92.
    87 billion cubic feet per day
    .


    The agency also predicts that natural gas consumption will fall to 83.
    23 billion cubic feet per day in 2021 and 82.
    59 billion cubic feet per day in 2022; natural gas consumption in 2020 will be 83.
    25 billion cubic feet per day
    .
    Consumption reached a record high in 2019, at 85.
    29 billion cubic feet per day
    .


      If the forecast is correct, 2021 will be the first consecutive two-year decline in consumption since 2006, and 2022 will be the first three-year consecutive decline since 1983
    .


      EIA’s October 2021 forecast is higher than its September forecast of 92.
    18 billion cubic feet per day and demand of 82.
    54 billion cubic feet per day
    .


      The agency predicts that U.
    S.
    LNG exports will reach 9.
    71 billion cubic feet per day and 11.
    15 billion cubic feet per day in 2021 and 2022, respectively, up from 6.
    53 billion cubic feet per day in 2020
    .
    In September, it predicted that the U.
    S.
    LNG exports will be 9.
    58 billion cubic feet per day in 2021 and 10.
    15 billion cubic feet per day in 2022
    .


      EIA predicts that U.
    S.
    coal production will increase to 588 million short tons in 2021 and 622 million short tons in 2022; production in 2020 will be 535 million short tons, the lowest level since 1965; because natural gas prices are expected to rise, power generation The factory burns more coal
    .


      EIA predicts that as power plants burn more coal, the carbon emissions from burning fossil fuels will increase to 4.
    921 billion tons and 4.
    931 billion tons in 2021 and 2022, respectively
    .
    This is higher than the 4.
    575 billion tons in 2020, the lowest level since 1983
    .

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