• 2024 April 17 10:27

    The United States exported a record volume of natural gas in 2023

    The United States exported 10% more natural gas in 2023 than in 2022, a record of 20.9 billion cubic feet per day (Bcf/d), according to U.S. Energy Information Administration Natural Gas Monthly. U.S. liquefied natural gas (LNG) exports accounted for more than half of all U.S. natural gas exports, and natural gas exports by pipeline to Canada and Mexico accounted for the remainder, according to U.S. Energy Information Administration's release.

    LNG exports continued to drive the growth in total U.S. natural gas exports last year, increasing 12% (1.3 Bcf/d) from 2022. U.S. LNG exports averaged a record 13.6 Bcf/d in December 2023. The United States began exporting LNG from the Lower 48 states in 2016 when Sabine Pass LNG—the first LNG export terminal in the Lower 48 states—began operations. The United States supplied nearly half of Europe’s LNG imports last year.

    U.S. natural gas exports by pipeline also increased last year. Exports to Canada increased 7% to 2.8 Bcf/d, and exports to Mexico increased 8% to 6.1 Bcf/d. In 2023, natural gas exports from the Northeast rose by more than 15% (0.2 Bcf/d), accounting for most of the increase in total natural gas exports to Canada. Most pipeline exports from the United States to Canada exit through New York in the Northeast and Michigan in the Midwest.

    Pipeline exports to Mexico from Texas increased 9% to 5.6 Bcf/d in 2023, with most of the growth coming from exports from West Texas, which increased by 20% (1.6 Bcf/d) compared with 2022. Natural gas pipeline exports from West Texas to Mexico have grown steadily since 2017 as more connecting pipelines in Central and Southwest Mexico have entered service.

    Since 2017, the United States has exported more natural gas than it has imported. Prior to 2017, the last time U.S. natural gas exports exceeded natural gas imports was in 1956. Even as a net natural gas exporter in 2023, the United States imported 8.0 Bcf/d of natural gas, primarily by pipeline from Canada.

    U.S. natural gas imports by pipeline, which come primarily from Canada, decreased by 3% last year compared with 2022 to 8.0 Bcf/d. Natural gas imports from Canada, which exceed U.S. natural gas exports to Canada, help support seasonal fluctuations in natural gas consumption in the United States and generally peak in January or February. Imports from Canada in January and February 2023 fell by 6% from the same period in 2022, in part because of milder winter weather and less natural gas consumption in the U.S. residential and commercial sectors. Wildfires in western Canada in April and May 2023 also disrupted deliveries from Canada, and imports from Canada in those months averaged 9% less than in the same period in 2022.

    U.S. LNG imports are much smaller than natural gas imports by pipeline, and the United States imported less than 0.1 Bcf/d of LNG during the last two years. Almost all LNG imports are delivered to the New England market, where natural gas imports have been an important source of supply during periods of high demand, particularly in the winter. Warmer-than-average temperatures in the Northeast at the beginning and end of 2023 reduced natural gas demand, resulting in lower LNG imports compared with 2022.




2024 May 18

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2024 May 17

18:10 Bunker fuel sales at the Middle Eastern hub of Fujairah drop on a monthly basis in April 2024
17:52 Lloyd’s Register and Shandong Marine Group sign MoU
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16:03 APM Terminals Barcelona holds the commissioning of 17 Konecranes NSC 644 EHY hybrid straddle carriers
15:13 Marine fuel demand in Panama declined in April 2024
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14:23 ILWU Canada agrees to delay serving 72-hour strike notice on employer DP World Canada
13:31 Barge hits a bridge in Texas, damaging the structure and causing an oil spill
13:10 Container shipping costs on EU-S. Korea route surge over 30 pct amid Red Sea crisis
12:43 DP World invests €130m in Romania
12:21 Astrakhan hosts Russia-Iran talks on shipping cooperation on International North-South corridor
11:41 Seatrium awarded repeat FPSO integration contract from SBM Offshore
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10:41 Electramar christened in Helsinki
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2024 May 16

18:11 Kongsberg and Torghatten to develop self-driving ferry service linking Trondheim and the Fosen peninsula
17:42 “K” Line сonducts first trial use of B100 biofuel for carbon-free operations on car carrier
16:35 Deltamarin and ECOLOG unveil LP LCO2 carrier design
15:40 Seadrill enters agreement to sell its Qatar jack-up fleet
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14:48 Edison Chouest feeder fleet for U.S. offshore wind market to be built to ABS Class
14:03 The Australian Government announces a funding package of $7.1 billion for budgeted programs to be administered by ARENA
13:54 The share of the idle container vessel fleet was 0.9% in April - Sea-Intelligence
13:25 The European Commission grants PCI status to CO2 value chain project developed by MOL with partners
12:14 HHLA's revenue decreased by 0.3 percent to € 363.6 millions in Q1 2024
11:42 MOL and TotalEnergies sign time charter contracts for 2 newbuilding LPG-fueled LPG carriers
10:40 Kalmar and Uniport Livorno agree on new terminal tractor order to enhance reliability, safety and service quality at Italian terminal
10:04 AMSA collaborates on a trial providing more recycling options for visiting foreign ships
09:59 SunGas Renewables and C2X announce strategic partnership

2024 May 15

18:07 MOL holds naming ceremony for newbuilding LNG carrier Greenergy Ocean to serve China National Offshore Oil Corporation
17:30 ClassNK and StormGeo mark significant collaboration to advance maritime decarbonization
17:02 Newly certified methanol valves to improve dual-fuel shipbuilding
16:45 HD KSOE to lease Subic shipyard in Philippines
16:25 Eidsvaag receives two forage carrier vessels designed and equipped by Kongsberg Maritime
15:58 ADNOC delivers first ever bulk shipment of CCS-enabled certified low-carbon ammonia to Japan
15:35 World's 1st wind challenger-equipped coal carrier achieves fuel savings of 17%
14:57 LR to support the retrofit of two Stena Line ferries to methanol
13:52 Port of Los Angeles nets record $58 million for harbor maintenance
13:32 CMA CGM to launch MCX - West Coast Central America
12:51 Port of Long Beach cargo volumes up 14.4% in April
12:21 First Ro-Pax vessel receives DNV Silent notation following successful sea trials with Wartsila propellers
11:41 Hapag-Lloyd transport volumes increased by 6.8 percent to 3 million TEU in Q1 2024
11:10 Cavotec signs two-year service agreement with Port of Salalah
10:41 China overtakes Korea in global shipbuilding competitiveness
09:58 The ports of Rotterdam and Delft join the CLARION project

2024 May 14

18:02 ICTSI to invest in new Southern Luzon gateway
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16:31 Port of Gothenburg launches the platform "Digital Port Call"
16:18 NS United, NSY, Imabari Shipbuilding and Japan Marine United Corporation sign MOU for the construction of Cape-size bulk carriers using dual methanol fuel
15:56 Port of Antwerp-Bruges launches the world's first methanol-powered tugboat
15:29 The Ports of Barcelona and Shanghai will work together on innovation and decarbonisation projects
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12:58 NYK, NBP, TSUNEISHI SHIPBUILDING and Drax sign MOU to develop ‘bioship’ technology and plans to construct the world’s first biomass-fuelled ship
11:30 Maris Fiducia team up with HAV Hydrogen, Norwegian Hydrogen and Ankerbeer for zero emission bulk shipping
11:05 ABS and HD Hyundai Group sign MOU to advance medium-voltage power systems on ships
10:43 Finnlines’ new freight-passenger Superstar-class vessel Finnsirius awarded by Shippax
10:23 Kongsberg Maritime to design and equip two new salmon farm forage carrier vessels for Norwegian coastal cargo carrier Eidsvaag AS
09:48 Yara International and Kongsberg Digital enter collaboration on digital twin technology

2024 May 13

18:00 Capital dredging commences for Lowestoft Eastern Energy Facility
17:06 Berlin’s oldest passenger vessel enters a new green era powered by Torqeedo
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16:18 Denis Manturov: Russian shipyards to deliver more than 110 civil ships this year
16:05 CMA CGM and China’s Contemporary Amperex Technology plan to set up joint venture