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US Production Pushes LNG Imports to the Lowest in 15 Years

NATGAS

US LNG imports were the lowest in at least 15 years in H1 2022, averaging 0.08bcf/d, compared with the five-year average of 0.2bcf/d according to the US EIA.

  • LNG imports declined rapidly between 2007 and 2021, displaced by US dry natural gas production, which grew by nearly 80% during that period.
  • LNG imports can be a key marginal source of supply during times of high demand. On peak demand days, imported LNG can contribute up to 35% of New England’s natural gas supply.

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