EIA Expects United States to Become Net LNG Exporter by 2016
Posted on Jan 24, 2012 in LNG Exports, Markets and Competition | Comments Off on EIA Expects United States to Become Net LNG Exporter by 2016
Speaking to an audience in Washington, D.C., Acting Administrator Howard Gruenspecht of the U.S. Energy Information Administration (EIA) predicted that the United States will become a net LNG exporter by 2016. According to Bloomberg, Gruenspecht noted that domestic natural gas supply is growing faster than demand and that the surplus will likely be exported to Mexico and overseas.