Projected US LNG exports… EIA

From the EIA’s excellent Today in Energy, here…

”How the U.S. price for LNG compares with world LNG prices (which reflects the competitiveness of U.S. LNG exports in the global market) influences whether new liquefaction capacity is built and how EIA projects U.S. LNG export volumes. EIA used its Natural Gas Market Module (NGMM) to project how U.S. LNG supply prices compare with world markets using domestic natural gas prices and assumptions related to costs and fuel use to develop its AEO2021. To determine their competitiveness, NGMM compares these prices with world LNG prices for markets in both Europe and Asia, based on the following inputs:

• World oil prices
• Relative growth of natural gas consumption in markets in Europe and Asia
• Relative growth of LNG supply not sold under long-term contracts, or flexible LNG supply”