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    Fuel Fix: EIA: The U.S. will be a net natural gas exporter by 2040, even with the most conservative projection

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The EIA reports that the U.S. could export anywhere between 0.2 trillion cubic feet and 10.3 trillion cubic feet of liquefied natural gas annually by 2040

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Fuel Fix: EIA: The U.S. will be a net natural gas exporter by 2040, even with the most conservative projection

The U.S. could export anywhere between 0.2 trillion cubic feet and 10.3 trillion cubic feet of liquefied natural gas annually by 2040, according to the latest government projection.
 

Where along that spectrum the actual figure lands will be determined by global energy prices and the availability of U.S. natural gas, the agency said in a Tuesday rehashing of projections made in the Annual Energy Outlook for 2015.

The wide range of outcomes hasn’t stopped U.S. companies from proposing dozens of new export facilities. While market watchers have said that it’s unlikely all of these facilities will come online, several are on track to begin shipping within the decade. Freeport LNG, near Houston, secured the final piece of financing for its $12.5 billion liquefied natural gas export terminal on Tuesday, placing the company on track to begin sending gas abroad within three years.

But while the EIA has said that the U.S. will become a net exporter of natural gas by 2017, the agency said that the scope of the total industry is uncertain.

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