In our recently released Short-Term Energy Outlook, we forecast that U.S. liquefied natural gas exports will continue to lead growth in U.S. natural gas trade as three LNG export projects currently under construction start operations and ramp up to full production by the end of 2025.
In 2025, we forecast that LNG exports grow by an additional 18%. We forecast U.S. natural gas exports by pipeline to grow by 3% in 2024 and by 4% in 2025.
In 2024-25, we forecast that existing U.S. LNG export facilities will run at similar utilization rates as in 2023.
Later in 2024, we expect that Plaquemines LNG Phase I and Corpus Christi Stage 3 will begin LNG production and load first cargoes by the end of the year.
In 2025, the developers of Golden Pass LNG plan to place in service the first two trains of this new three-train LNG export facility.
Flows via the Sur de Texas-Tuxpan underwater pipeline are likely to increase slightly in 2024 when it begins delivering natural gas from the United States to Mexico's first LNG export project, Fast LNG Altamira.
U.S. LNG imports, which primarily serve New England and generally peak in winter months, declined slightly in 2023, mainly because of record-warm winter weather.
https://wattsupwiththat.com/2024/04/18/the-incredible-dumbness-of-bidens-war-on-lng-part-deux/
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