The US is averaging almost exactly 16 Bcfpd of LNG exports. But where is all this LNG actually going?
The US LNG journey started in earnest with the first train of Cheniere’s Sabine Pass facility in Louisiana in early 2016.
Now the Golden Pass facility, the 9th US LNG export terminal, is operational, which coincidentally sits less than half a mile away from the Cheniere site, on the Texas side of the same waterway.
The shale revolution unlocked a wave of inexpensive gas supply here in the US, far in excess of what’s necessary to meet domestic demand.
It only took a couple of years for the industry to realize LNG exports were the next step in this journey.
Now, with rapidly expanding export capacity, the US is sending cargoes around the world.
Europe figures prominently in this story, given Russia’s 2022 invasion of Ukraine and the subsequent pivot away from Russian gas.
But US LNG is reaching nearly every corner of the world. And growth is coming from all over.
In my most recent research piece at Foundations of Energy, I explore the history of US natural gas exports and share a look at where all these new LNG cargoes are landing.
We close with a discussion around how we should think about what happens next.
Read the full analysis with charts at Foundations of Energy.
