Tag: LNG (liquefied natural gas)
Almost 40% of global liquefied natural gas trade moves through the South China Sea
LNG importers with largest volumes passing through South China Sea are Japan, South Korea, China, and Taiwan The South China Sea is a major route for liquefied natural gas (LNG) trade, and in 2016, almost 40 per cent of global LNG trade, or about 4.7 trillion cubic feet (Tcf), passed through the South China Sea, […]
China leads the growth in projected global natural gas consumption
China’s LNG imports tripled between 2010 and 2016 Global natural gas consumption is expected to grow from 340 billion cubic feet per day (Bcf/d) in 2015 to 485 Bcf/d by 2040, primarily in countries in Asia and in the Middle East, based on projections in EIA’s latest International Energy Outlook 2017 (IEO2017). China accounts for more than […]
Australian domestic natural gas prices increase as LNG exports rise
Projected natural gas supply shortfall in domestic market of up to 0.27 billion cubic feet per day in 2018 Australia became the world’s second-largest exporter of liquefied natural gas (LNG) in 2015 and is likely to overtake Qatar as the world’s largest LNG exporter by 2019, according to the U.S. Energy Information Administration. As Australia’s LNG […]
Biogas increasingly used to meet part of EPA’s renewable fuel requirements
50 facilities are registered with EPA to produce biogas Renewable natural gas (RNG), which is derived from biogas collected at landfills and other facilities, is increasingly used to meet government targets for renewable fuel production, according to the U.S. Energy Information Administration. In 2016, about 189 million gallons of RNG were used to meet about […]
Growing global LNG trade could support market hub development in Asia
LNG-based hubs present a number of challenges compared to pipeline-based hubs Asia is the world’s largest consumer of liquefied natural gas (LNG), accounting for three-quarters of global LNG trade and one-third of total global natural gas trade, according to the US Energy Information Administration. However, the region lacks a pricing benchmark that can reliably reflect […]
LNG exports expected to drive growth in US natural gas trade
Most increase in natural gas trade from LNG exports The United States is expected to become a net exporter of natural gas on an average annual basis by 2018, according to the recently released Annual Energy Outlook 2017 (AEO2017) Reference case. The transition to net exporter is driven by declining pipeline imports, growing pipeline exports, and […]
New US border-crossing pipelines bring shale gas to more regions in Mexico
US pipeline exports to Mexico increased significantly over past several years, beginning to displace Mexico’s LNG imports US pipeline capacity for natural gas exports to Mexico has rapidly expanded in the past few years and currently stands at 7.3 billion cubic feet per day (Bcf/d), according to the US Energy Information Administration. This existing cross-border […]
New infrastructure to increase takeaway capacity of Utica natural gas
Nexus Gas Transmission project to deliver 1.5 Bcf/d of natural gas supplies from Utica region A number of pipeline projects that have been approved, or are in various stages of the approval process, would increase capacity to transport natural gas from the Utica production region in Ohio to natural gas markets, according to the US Energy […]
Expanded Panama Canal reduces shipment time for US LNG to Asian markets
EIA estimates LNG traffic through Panam Canal could reach more than 550 vessels annually, or 1-2 vessels per day, by 2021 The newly expanded Panama Canal will be able to accommodate 90 per cent of the world’s current liquefied natural gas (LNG) tankers with LNG-carrying capacity up to 3.9 Bcf according to the US Energy Information Administration. Prior […]
US becomes net exporter of natural gas by 2018, first time since 1950s.
By 2040, net exports of natural gas reach 7.5 Tcf, which is 18% of total U.S. production The growth in total U.S. dry natural gas production projected in the Annual Energy Outlook 2016 (AEO2016) Reference case results mostly from increased development of shale gas and tight oil plays, according to the US Energy Information Administration. […]
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