Eagle Ford natural gas production increases as crude oil production holds steady
In our April Short-Term Energy Outlook, we forecast U.S. annual natural gas production from the Eagle Ford region in southwest Texas will grow from 6.8 billion cubic feet per day (Bcf/d) in 2024 to 7.0 Bcf/d in 2026. The increase in natural gas production comes as natural gas prices rise and demand for liquefied natural gas exports grows. Oil production in the Eagle Ford, on the other hand, has hovered around 1.1 million barrels per day (b/d) since 2020, and we forecast it will remain about the same through 2026.
Angola exported more liquefied natural gas to Europe and less to Asia in 2022 and 2023
Angola exported more liquefied natural gas (LNG) to Europe and less to Asia in 2022 and 2023, according to estimates from the Statistical Review of World Energy, when Europe increased LNG imports to offset reduced natural gas imports by pipeline from Russia following the outbreak of the Russia-Ukraine war.
The United States remained the world’s largest liquefied natural gas exporter in 2024
The United States exported 11.9 billion cubic feet per day (Bcf/d) of liquefied natural gas (LNG) in 2024, remaining the world's largest LNG exporter. LNG exports from Australia and Qatar—the world's two next-largest LNG exporters—have remained relatively stable over the last five years (2020–24); their exports have ranged from 10.2 Bcf/d to 10.7 Bcf/d annually, according to data from Cedigaz. Russia and Malaysia have been the fourth- and fifth-largest LNG exporters globally since 2019. In 2024, LNG exports from Russia averaged 4.4 Bcf/d, and exports from Malaysia averaged 3.7 Bcf/d.
U.S. natural gas consumption set new winter and summer monthly records in 2024
In 2024, U.S. natural gas consumption averaged a record 90.3 billion cubic feet per day (Bcf/d) and set new winter and summer monthly records in January and July, according to data in our Natural Gas Monthly. Overall, U.S. consumption last year increased 1% (0.9 Bcf/d) from 2023. In January, natural gas consumption was up 12% (12.5 Bcf/d) compared with January 2023 consumption, and in July, consumption increased by 3% (2.5 Bcf/d) compared with July 2023.
Natural Gas Weekly Update
(Thu, 27 Mar 2025) Natural gas prices, supply and demand balances, liquefied natural gas (LNG) exports, rig counts, storage levels, weather data, and other market activity or events.
The United States remained the world’s largest liquefied natural gas exporter in 2024
The United States exported 11.9 billion cubic feet per day (Bcf/d) of liquefied natural gas (LNG) in 2024, remaining the world’s largest LNG exporter. LNG exports from Australia and Qatar—the world’s two next-largest LNG exporters—have remained relatively stable over the last five years (2020–24); their exports have ranged from 10.2 Bcf/d to 10.7 Bcf/d annually, according to data from Cedigaz. Russia and Malaysia have been the fourth– and fifth–largest LNG exporters globally since 2019. In 2024, LNG exports from Russia averaged 4.4 Bcf/d, and exports from Malaysia averaged 3.7 Bcf/d.
Natural gas pipeline project completions increase takeaway capacity in producing regions
Natural gas pipeline projects completed in 2024 increased takeaway capacity by approximately 6.5 billion cubic feet per day (Bcf/d) in the U.S. natural gas–producing Appalachia, Haynesville, Permian, and Eagle Ford regions, according to our latest Natural Gas Pipeline Projects tracker. These pipelines deliver natural gas from the producing regions to demand centers in the mid–Atlantic and along the U.S. Gulf Coast:
First liquefied natural gas cargo produced at Corpus Christi Stage 3 export facility
In February 2025, Corpus Christi Stage 3, an expansion of the existing Corpus Christi liquefied natural gas (LNG) export facility, produced its first LNG cargo, according to the developer Cheniere Energy. Corpus Christ Stage 3 started producing LNG in December 2024. The start of LNG exports from Corpus Christi Stage 3 follows shortly after the start of exports from another U.S. LNG export facility—Plaquemines LNG Phase 1—also in December.
Pipeline companies deliver most of the U.S. electric power sector’s natural gas
According to our Natural Gas Annual Respondent Query System, 1,653 natural gas delivery companies delivered natural gas to end-use customers in 2023 in the United States. A delivery company is defined as any entity that delivers natural gas directly to end users. Natural gas deliveries by pipeline companies to the electric power sector made up the largest share of deliveries to end-use consumers, accounting for 33% of all natural gas delivered to end-use consumers in 2023.
State Energy Data System: Hydrocarbon gas liquids through 2023
(Fri, 14 Feb 2025) Annual state-level estimates of consumption, prices, and expenditures for hydrocarbon gas liquids.