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hunter

(39,131 posts)
3. In other bad news U.S. natural gas trade will continue to grow with the startup of new LNG export projects
Wed Apr 17, 2024, 03:44 PM
Apr 2024
In our recently released Short-Term Energy Outlook (STEO), we forecast that U.S. liquefied natural gas (LNG) 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. We also forecast increased natural gas exports by pipeline, mainly to Mexico. In our STEO forecast, net exports of U.S. natural gas (exports minus imports) grow 6% to 13.6 billion cubic feet per day (Bcf/d) in 2024 compared with 2023. In 2025, net exports increase another 20% to 16.4 Bcf/d.

We forecast that U.S. LNG exports increase 2% in 2024 to average 12.2 Bcf/d. In 2025, we forecast that LNG exports grow by an additional 18% (2.1 Bcf/d). We forecast U.S. natural gas exports by pipeline to grow by 3% (0.3 Bcf/d) in 2024 and by 4% in 2025. We expect pipeline imports to decline by 0.4 Bcf/d in 2024 and then increase slightly (0.1 Bcf/d) in 2025.

In 2024–25, we forecast that existing U.S. LNG export facilities will run at similar utilization rates as in 2023. Annual maintenance typically occurs in the spring and fall, when global LNG demand is lower and temperatures are mild. In April and May 2024, we expect LNG exports to decline while two of the three trains at the Freeport LNG export facility undergo annual maintenance. 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.

https://www.eia.gov/todayinenergy/detail.php?id=61863


Meanwhile, the wind industry perpetuates the lie that natural gas is a "transitional" fuel.

I leave it to the reader to calculate how many houses 12.2 billion cubic feet a day of natural gas could power, in combination with wind turbines or not.

It recently occurred to me that wind farms are just as ugly as gas fields when viewed from 35,000 feet and that they serve the same masters.


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