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Industrial Valve Summit

LNG exports to increase in the USA in 2021

inNews 2021 oil&gas

LNG exports to increase in the USA in 2021

The rise in natural gas prices on the global market is giving some relief to American companies after a particularly difficult year, given the economic crisis caused by coronavirus and the excess of supply that has saturated the markets. These prices are higher compared to US markets and are therefore favoring American companies that export gas. According to the Energy Information Administration, US exports of LNG will reach an average of 8.5 billion cubic feet per day in 2021: this would mean an increase of 30 percent compared to the volumes of 2020.

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