US renews its gas export record

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US, WASHINGTON (ORDO NEWS) — The United States exported an average of more than 15 billion cubic feet (about 424.8 million cubic meters) of natural gas per day for the period March 24-30, which was the record weekly record in history.

This is stated in a statement by the Energy Information Administration (EIA) of the US Department of Energy.

Net export of natural gas as of March 30 increased by one third compared to the beginning of January 2020 – up to 12 billion cubic feet (about 339.8 million cubic meters).

The main reasons are that higher annual natural gas production in the USA reduced the country’s need for natural gas from Canada, and mild winter temperatures reduced the need for LNG imports, the agency notes.

Earlier, the EIA reported that US natural gas exports were growing for the fifth year in a row. At the same time, 69% of export growth in 2019 accounted for the supply of liquefied natural gas (LNG).

The United States last year again became a net exporter with an average of 5.2 billion cubic feet per day (147.25 million cubic meters).


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