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Title : Hyperdrive -- LNG Exports -- June 26, 2017
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Hyperdrive -- LNG Exports -- June 26, 2017

From an earlier post:

Platts: 

• record-setting US LNG exports in May, 2017
• despite exceptionally low profit margins
• 17 LNG cargoes
• 58.3 Bcf
• some confusion with destinations (see linked article)

Note: about 60 Bcf over a 31-day month.

So?

Today, EIA tweets: "After 2020, the United States will have the capacity to export more than 11 Bcf/d of LNG to global markets."

That's per day. More than 10 billion cubic feet per day only three years from now -- currently exporting about 2 billion cubic feet per day. 

By the way, US Senator Heidi Heitkamp was a special guest on CNBC this morning: one of her main points -- she wants to see more LNG export terminals built in the US. She said she had just returned from Norway (I believe she said Norway) where she saw a new state-of-the-art LNG export terminal and wants to see more of the same here in the US.

If we didn't have so many dams downstream, we could built an LNG-export terminal at the Missouri River - Yellowstone River confluence. LOL.

http://ift.tt/2dZyQXu

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