North American liquefied natural gas (LNG) exports, driven by record production in the United States, are projected to significantly expand over the next five years, according to a Sept. 3 Energy Information Administration (EIA) forecast.
“[North American LNG] export capacity is on track to more than double between 2024 and 2028, from 11.4 billion cubic feet per day (Bcf/d) in 2023 to 24.4 Bcf/d in 2028,” the report reads.