While shipments of liquified natural gas (LNG) from the U.S. to Europe have ballooned to more than 8 Bcf/d in recent months, sustaining that level is expected to prove difficult given the global shortage of natural gas, even with the
recent LNG deal between the U.S. and European Union. Even partially replacing Russia’s 15 Bcf/d of natural gas exports to the EU will take time. BTU Analytics expects that flows of natural gas to U.S. LNG facilities will grow by roughly 6 Bcf/d from 2022 to 2027, but that growth will be choppy. While Australia and Qatar could also see LNG export growth, those existing facilities are also currently flowing near capacity.