LNG

The US government has forecast average Henry Hub benchmark natural gas spot prices of $8.69 per million British thermal units in the third quarter as LNG exports rise 22 percent in 2002 with Europe being the main destination.

The US Government forecasts that liquefied natural gas exports will be almost 85 percent higher in 2023 than they were in 2020 and that the nation’s natural gas production will increase in the next two years.