LNG

July 12 (LNGJ) - Feed-gas for US liquefied natural gas exports is competing with rising domestic demand from natural gas-fired power plants. US electricity generation this summer (June, July, and August) is expected to be close to last year’s summer record, according to the Energy Information Administration. “The share of electricity generation supplied by natural gas-fired power plants has increased over the past decade, while the share supplied by coal has fallen, primarily as a result of sustained low natural gas prices, increases in natural gas-fired capacity and retirements of coal-fired generating capacity,” said the EIA. “Over the three-year period from 2015 to 2017, the cost of natural gas delivered to electric generators averaged $3.16 per million British thermal units (MMBtu), compared with $7.69/MMBtu between 2006 and 2008,” it added.