From the EIA’s Natural Gas Weekly Update:
”According to the U.S. Energy Information Administration’s (EIA) Natural Gas Monthly (NGM), in November 2020, monthly U.S. exports of liquefied natural gas (LNG) exceeded natural gas exports by pipeline by nearly 1.2 billion cubic feet per day (Bcf/d). Previously, this has happened only once since 1998, when in April 2020, LNG exports barely exceeded pipeline exports that month by 0.01 Bcf/d. Preliminary estimates for December 2020 and January 2021, based on the shipping data provided by Bloomberg Finance, L.P., suggest a continuation of this trend. In November and December 2020, U.S. LNG exports set two consecutive monthly records at 9.4 Bcf/d and 9.8 Bcf/d, respectively, and set another monthly record in January 2021 at 9.8 Bcf/d. In the January Short-Term Energy Outlook (STEO), EIA forecasts that U.S. LNG exports will exceed natural gas exports by pipeline in the first and fourth quarters of this year and on an annual basis in 2022, as global natural gas and LNG demand recover to pre-COVID-19 levels.”
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