Exploration & Production

US LNG imports – the shale effect

United States LNG imports fell by 92% between 2007 and 2014, according to the Department of Energy, as shale production took up market share United States LNG imports fell by 92% between 2007 and 2014, according to the Department of Energy, as shale production took up market share.
By Therese Robinson 16 July 2015 0 16767

Imports by country

United States LNG imports fell by 92% between 2007 and 2014, according to the Department of Energy, as shale production took up market share.

Imports peaked in 2007, with 2.8 bcm of gas imported as LNG during April alone. Total LNG imports for 2007 were 21.82 bcm, but this fell to 1.67 bcm in 2014.

Imports by company

BG Group delivered four cargoes from Trinidad to the Elba Island terminal under contract in 2014, while Cove Point received one contracted...