Trade Resources Industry Views US Net Natural Gas Imports Fell 14% Last Year to 1,311 Bcf, The Lowest Level Since 1989

US Net Natural Gas Imports Fell 14% Last Year to 1,311 Bcf, The Lowest Level Since 1989

US net natural gas imports fell 14% last year to 1,311 Bcf, the lowest level since 1989, as US production likely set a new record, the Energy Information Administration said Wednesday.

The agency said total imports in 2013 fell 8% to 2,883 Bcf from the 2012 level. Pipeline imports, almost all from Canada, declined 6% year on year to 2,786 Bcf, while LNG imports dropped 45% to 97 Bcf.

The agency attributed the drop in imports to increased domestic production. Based on preliminary data for 2013, EIA said domestic dry natural gas production rose 1% to 24,282 Bcf, a new record.

Total exports, which increased in all but two years from 1997 to 2012, decreased 3% to 1,572 Bcf in 2013. Pipeline exports decreased 1% to 1,569 Bcf, while LNG exports, already lower than 2% of total exports, decreased to 3 Bcf. For the first time, the US exported a small amount of CNG to Canada by truck, totaling 0.1 Bcf.

 

 

 

 

Source: http://news.chemnet.com/Chemical-News/detail-2323249.html
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US Natural Gas Imports Fall 14% in 2013 on Record Production
Topics: Chemicals