RBN Energy: the race to debottleneck US LNG feedgas route. Archived.
LNG exports will be the biggest driver of demand growth for the Lower 48 natural gas market over the next five years.
After a year of oversupply in 2023, export capacity additions will help to balance the market and support gas prices in 2024 as the glut spills over into next year.
Beyond 2024, higher export volumes will lead to tighter balances and price spikes. As supply struggles to keep up with new export capacity, the timing of pipeline expansions will be critical for balancing the market
The bulk of new LNG export projects are sited along a small stretch of the Texas-Louisiana coastline and more pipeline capacity will be needed to move incremental feedgas into this area and across the “last mile” to the facilities. In today’s RBN blog, we begin a series delving into the planned pipeline expansions lining up to serve LNG demand along the Gulf Coast.
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.