Bullish outlook for natural gas
Posted: Sat Oct 14, 2023 11:56 am
"In the first half of 2023, U.S. LNG exports averaged 11.6 Bcf/d, making the United States the world’s top LNG exporting country. U.S. LNG exports in 1H23 increased 4% compared with the same period in 2022, despite declining in May and June. In addition to LNG, we move gas to other countries through pipelines. Natural gas pipeline exports to Canada and Mexico increased 4% compared with 1H22, averaging 8.8 Bcf/d. Net natural gas exports by pipeline, particularly to Mexico, contributed to record-high natural gas exports. U.S. natural gas exports by pipeline to Mexico reached a monthly high of 6.8 Bcf/d in June and accounted for about 66% of total U.S. pipeline exports from January through June." - Jim Wicklund, PPHB LP
In 2H 2024 U.S. LNG export capacity will increase by more than 4 Bcfpd.
By the end of 2027, U.S. LNG & pipeline export capacity should be approaching 40 Bcfpd.
Leveraging deep industry knowledge and experience, since its formation in 2003, PPHB has advised on more than 180 transactions exceeding $11 Billion in total value. PPHB advises in mergers & acquisitions, both sell-side and buy-side, raises institutional private equity and debt and offers debt and restructuring advisory services. The firm provides clients with proven investment banking partners, committed to the industry, and committed to success.
In 2H 2024 U.S. LNG export capacity will increase by more than 4 Bcfpd.
By the end of 2027, U.S. LNG & pipeline export capacity should be approaching 40 Bcfpd.
Leveraging deep industry knowledge and experience, since its formation in 2003, PPHB has advised on more than 180 transactions exceeding $11 Billion in total value. PPHB advises in mergers & acquisitions, both sell-side and buy-side, raises institutional private equity and debt and offers debt and restructuring advisory services. The firm provides clients with proven investment banking partners, committed to the industry, and committed to success.