U.S. Became a Net Gas Exporter for the First Time in 60 Years


charlotte: AND, look at the trajectory on the chart in the article – exports of LNG are expected to TRIPLE by the end of next year (2019)!! Remember, the projects coming online (in approximate order) are the more under-the-radar Cove Point LNG, Elba Island LNG, Freeport LNG (first train by the end of 2018, remaining 2 trains in 2019), followed by 2 trains at Corpus Christi LNG and 3 trains at Cameron LNG!! Some analysts consider this to be the sumtotal of US LNG production capacity, but it’s really just the FIRST WAVE, with the SECOND WAVE yet to come, so stay tuned – this is ONLY THE BEGINNING!!!

Here’s the article:

America’s trade imbalance just got a wee bit smaller. The U.S. has now become a net exporter of natural gas on an annual basis for the first time since at least 1957. Net exports averaged about 0.4 billion cubic feet per day last year, flipping from net inflows of 1…

All opinions are my own, and no relationship with any company in the article is implied. Read full article at the publisher’s site: U.S. Became a Net Gas Exporter for the First Time in 60 Years