US Government forecasts in its latest short-term outlook that the LNG export market in 2023 will stay “relatively flat” before expanding in 2024 and expects a decline in domestic natural gas consumption.
The US Government said high levels of US liquefied natural gas exports would continue in 2022 and would average 12.2 billion cubic feet per day for the year, a 25 percent increase from the LNG export levels registered in 2021.