LNG

US to strengthen global lead in gas production – Birol

The US is set to increase its lead over Russia as the world’s biggest gas producer, providing additional flexibility and diversity for European importers, the IEA says The US is set to increase its lead over Russia as the world’s biggest gas producer, providing additional flexibility and diversity for European importers, the IEA says.
By Andreas Walstad 20 November 2017 0 28452
The Cameron lng plant in the us The Cameron LNG project. US LNG will allow European buyers to diversify their imports. (Engie)

The United States will produce 30% more gas than Russia by 2025, providing European customers with more alternatives to piped Russian gas, the International Energy Agency (IEA) has said.  

Speaking at an event in Brussels on Monday organised by Friends of Europe, IEA Executive Director Fatih Birol said the US would be the “indisputable leader of oil and gas” within 7-8 years, increasing its lead on Russia. The most recent IEA data puts US gas output at around 750 billion cubic metres in 2016, about 15%...