• 2024 April 17 10:27

    The United States exported a record volume of natural gas in 2023

    The United States exported 10% more natural gas in 2023 than in 2022, a record of 20.9 billion cubic feet per day (Bcf/d), according to U.S. Energy Information Administration Natural Gas Monthly. U.S. liquefied natural gas (LNG) exports accounted for more than half of all U.S. natural gas exports, and natural gas exports by pipeline to Canada and Mexico accounted for the remainder, according to U.S. Energy Information Administration's release.

    LNG exports continued to drive the growth in total U.S. natural gas exports last year, increasing 12% (1.3 Bcf/d) from 2022. U.S. LNG exports averaged a record 13.6 Bcf/d in December 2023. The United States began exporting LNG from the Lower 48 states in 2016 when Sabine Pass LNG—the first LNG export terminal in the Lower 48 states—began operations. The United States supplied nearly half of Europe’s LNG imports last year.

    U.S. natural gas exports by pipeline also increased last year. Exports to Canada increased 7% to 2.8 Bcf/d, and exports to Mexico increased 8% to 6.1 Bcf/d. In 2023, natural gas exports from the Northeast rose by more than 15% (0.2 Bcf/d), accounting for most of the increase in total natural gas exports to Canada. Most pipeline exports from the United States to Canada exit through New York in the Northeast and Michigan in the Midwest.

    Pipeline exports to Mexico from Texas increased 9% to 5.6 Bcf/d in 2023, with most of the growth coming from exports from West Texas, which increased by 20% (1.6 Bcf/d) compared with 2022. Natural gas pipeline exports from West Texas to Mexico have grown steadily since 2017 as more connecting pipelines in Central and Southwest Mexico have entered service.

    Since 2017, the United States has exported more natural gas than it has imported. Prior to 2017, the last time U.S. natural gas exports exceeded natural gas imports was in 1956. Even as a net natural gas exporter in 2023, the United States imported 8.0 Bcf/d of natural gas, primarily by pipeline from Canada.

    U.S. natural gas imports by pipeline, which come primarily from Canada, decreased by 3% last year compared with 2022 to 8.0 Bcf/d. Natural gas imports from Canada, which exceed U.S. natural gas exports to Canada, help support seasonal fluctuations in natural gas consumption in the United States and generally peak in January or February. Imports from Canada in January and February 2023 fell by 6% from the same period in 2022, in part because of milder winter weather and less natural gas consumption in the U.S. residential and commercial sectors. Wildfires in western Canada in April and May 2023 also disrupted deliveries from Canada, and imports from Canada in those months averaged 9% less than in the same period in 2022.

    U.S. LNG imports are much smaller than natural gas imports by pipeline, and the United States imported less than 0.1 Bcf/d of LNG during the last two years. Almost all LNG imports are delivered to the New England market, where natural gas imports have been an important source of supply during periods of high demand, particularly in the winter. Warmer-than-average temperatures in the Northeast at the beginning and end of 2023 reduced natural gas demand, resulting in lower LNG imports compared with 2022.




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