Well it sure looks like electing Joe Biden has been a windfall for gas exporters as a record amount of production capacity has come online under Joe Biden resulting in record exports. What were the righties on here complaining about the last 2.5 years? Something about killing fracking and destroying the sector I think. Anyone willing walking back the criticism?
Signed,
Joe Biden, The Energy President
The U.S. Sees Record-High Gas Deliveries To LNG Export Terminals | OilPrice.com
Deliveries of natural gas via pipelines to liquefied natural gas (LNG) export facilities in the United States hit a record high in the first half of 2023, averaging 12.8 billion cubic feet per day (Bcf/d), per data by S&P Global Commodity Insights reported by the Energy Information Administration on Monday.
Between January and June 2023, LNG feed gas averaged 8% more than the 2022 annual average and 4% more than the same period in 2022, the EIA noted.
Developers of LNG projects in the United States have approved a record-high volume of export capacity so far this year, driven by rising global LNG demand and increased long-term contracting from customers willing to boost energy security.
Earlier this month, NextDecade took the final investment decision for the first phase of a new LNG facility in Texas after it secured $18.4 billion in funding. The first phase of the Rio Grande LNG will consist of three liquefaction trains, with Phase 1 having already secured long-term offtake commitments from buyers including Shell, Exxon, TotalEnergies, Engie, and several Chinese energy companies, as well as Portugal’s Galp, and Japan’s Itochu Corporation.
Signed,
Joe Biden, The Energy President
The U.S. Sees Record-High Gas Deliveries To LNG Export Terminals | OilPrice.com
Deliveries of natural gas via pipelines to liquefied natural gas (LNG) export facilities in the United States hit a record high in the first half of 2023, averaging 12.8 billion cubic feet per day (Bcf/d), per data by S&P Global Commodity Insights reported by the Energy Information Administration on Monday.
Between January and June 2023, LNG feed gas averaged 8% more than the 2022 annual average and 4% more than the same period in 2022, the EIA noted.
Developers of LNG projects in the United States have approved a record-high volume of export capacity so far this year, driven by rising global LNG demand and increased long-term contracting from customers willing to boost energy security.
Earlier this month, NextDecade took the final investment decision for the first phase of a new LNG facility in Texas after it secured $18.4 billion in funding. The first phase of the Rio Grande LNG will consist of three liquefaction trains, with Phase 1 having already secured long-term offtake commitments from buyers including Shell, Exxon, TotalEnergies, Engie, and several Chinese energy companies, as well as Portugal’s Galp, and Japan’s Itochu Corporation.
