Industry Metrics

Adrienne Blume, Managing Editor

U.S. exports of LNG set a new record in December 2020, averaging 9.8 Bft3d, according to the U.S. EIA. The December volume is more than three times higher than the reduced export levels seen in summer 2020. Contributing to the higher exports were factors such as higher demand in key Asian markets on colder-than-normal winter temperatures and unplanned outages at LNG export terminals in Australia, Qatar, Malaysia, Norway, Nigeria and Trinidad and Tobago. The reduction of LNG supplies led to upticks in natural gas and LNG prices in Asia and Europe, attracting higher volumes of flexible LNG supplies from the U.S. GP

Metrics Fig 01

U.S. gas production (Bft3d) and prices ($/Mcf)


Metrics Fig 02
U.S. natural gas spot prices at Henry Hub and NGL spot prices at Mont Belvieu, $/MMBtu


Metrics Fig 03
U.S. natural gas plant field production of NGL, LPG, ethane and propane, Mbpd


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