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U.S. LNG Tipped To Go Global On Abundant Supplies

Liquefied Natural Gas (LNG) market sentiment is increasingly leaning in favor of substantial volumes of North American, especially U.S., cargoes heading to global markets, as ample supply is pushing rising shale gas production into export markets and beyond the reach of continental pipelines.

The U.S. Energy Information Administration (EIA) data currently points to a near doubling of American LNG exports in 2019, over the year before, while rating agency Moody’s says global environmental regulations will bolster demand until renewable energies become more competitive making Asian and European energy markets particularly reliant on natural gas, much of it imported from the U.S.

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