“Demand for natural gas in the US from LNG plants on the last day of 2024 reached a record level, rising to 430 million cubic meters per day.”, — write: epravda.com.ua
Demand for natural gas in the US from LNG plants on the last day of 2024 reached a record level, rising to 430 million cubic meters per day. Reuters writes about it. Natural gas demand for U.S. LNG plants is forecast to increase to 504 million cubic meters per day next year due to the commissioning of Venture Global LNG’s 20 million metric tons per annum (MTPA) Louisiana-based Plaquemines plant and Cheniere Energy’s Corpus plant Christi Stage 3 expansion in Texas. Demand for natural gas from LNG-exporting plants could boost U.S. output and boost prices at the country’s main gas exchange in Louisiana, called the Henry Hub, according to analysts. Natural gas prices rose 48 cents in midday trading on Tuesday to $3.94 a million cubic feet (28.32 thousand cubic meters), according to data from LSEG.Advertisement: The U.S. is the world’s largest exporter of refrigerated gas and a major supplier to Europe. and Asia. LNG exports and demand for raw gas also tend to increase during the colder months in the Northern Hemisphere, as this increases the efficiency of power plants.