Blog Post
U.S. LNG set two consecutive records in October and November 2019
info • Dec 13, 2019
The U.S. Energy Information Administration released their Natural Gas Weekly Update yesterday. In the update the EIA noted U.S. exports of LNG set two consecutive records in October and November 2019.
LNG exports averaged 5.8 billion cubic feet per day (Bcf/d) with 52 exported cargoes in October and 6.3 Bcf/d with 55 exported cargoes in November. U.S. LNG exports averaged 4.8 Bcf/d, 61% higher than in 2018 (3.0 Bcf/d annual average), as the United States became the third-largest LNG exporter in the world.
The update also noted natural gas feedstock deliveries to U.S. LNG export facilities have been the fastest growing consumption sector for U.S. natural gas in 2019, increasing by 2.8 Bcf/d between January and November. EIA expects feedstock deliveries to continue to increase as the remaining trains at Freeport, Cameron, and Elba Island are placed in service in 2020, followed by the third train at Corpus Christi in 2021.
From January through November 2019, EIA estimates that capacity utilization of U.S. liquefaction facilities averaged 93% baseload, or 81% peak. Sabine Pass and Corpus Christi had the highest utilization of production capacity among U.S. LNG export facilities, at 105% and 91% baseload capacity, respectively, over the 11-month period.
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