Yearly Gas Flows to U.S. LNG Export Plants Set for First-Ever Decline

The annual average natural gas demand at U.S. LNG export plants is on track to inch down this year for the first decline since America began exporting LNG in 2016, according to data from LSEG cited by Reuters. Outages at some LNG facilities and delays to the construction of new plants are likely to slightly reduce feedgas to the eight large LNG export plants this year compared to 2023. Feedgas volumes have now eased to an average of 13.0 billion cubic feet per day (bcfd) as of December 20, down from an average of 13.1 bcfd last year, per the LSEG…