U.S. LNG exporters are capitalizing on ongoing strong global demand Currently, the peak LNG capacity of U.S. producers is 11.6 billion cu ft daily U.S. peak liquefaction capacity is set to grow to 13.9 billion cu ft daily by the end of this year U.S. liquefied natural gas exports set a new record last year thanks to strong demand from Asia and Europe. With the difference in U.S. and Asian/European prices in the double digits, U.S. gas producers were in for a windfall. And despite criticism from Congress that they are exporting too much gas, they will continue doing the very same thing this year as well. They should enjoy the going while it’s good. The Energy Information Administration forecast in December that U.S. natural gas production was about to set a fresh record this year, reaching 97.5 billion cu ft daily by December. That would be up from […]

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