United States Natural Gas Export Report – US Natural Gas Industry Outlook

24 August 2018
United States Natural Gas

The United States is the top producer and 8th largest exporter country of natural gas in the world. Texas, Pennsylvania, Oklahoma, Louisiana and Wyoming are the top US states produces nearly all of the natural gas. Despite trade war, US natural gas exports are booming to record high by pipelines. In the international business, natural gas is classified under HTS Code 271111.


Export Genius has released a market research report on US natural gas exports by country, market trends, exporter details, production and various data segments. It covers actual US exporters and foreign buyers trading details which help to select right business partners. Have an in-depth knowledge of US natural gas industry.


Natural Gas Industry in the United States


Natural gas is the largest source of energy production and electricity generation in the United States. Due to greater supply, the consumer prices for natural gas are significantly lower in the United States than in Europe and Japan. The petroleum oil and natural gas are brought to the surface after which the oil and gas are treated separately. Gas flows through a gathering system into a pipeline to a gas processing plant as pipeline specifications vary from line to line. Natural gas is composed mainly of methane and also contains longer chain hydrocarbons.


Natural gas production grows faster than consumption except for oil & gas natural resource and technology where production and consumption remain constant due to higher production costs. The US industry including both lease and plant fuel for liquefied natural gas exports, consumes more than any sector.


US Natural Gas Export Statistics


US natural gas exports to the world worth USD 3474 million in 2017 which accounted for 3.5% value of the global exports. US export data showed that the country exports of natural gas have been raised by 90% of value in the last five years. However, it has expanded its market on a large scale and boosted its sales by 270% value during 2016-17. Refer the below table to check US export statistics of natural gas between 2013 and 2017.


Year

Value (USD Million)

2017

3474

2016

959

2015

370

2014

456

2013

202

 
List of Natural Gas Exporters in the USA


US is projected to gain net economic benefits by allowing natural gas exports. We provide the trading details of US exporting companies based on actual shipment records. There are many companies selling natural gas to the global market. Some of them are given below.


           ·         Cheniere Energy Inc

           ·         Dominion Resources Inc

           ·         Chevron Corp.

           ·         Veresen Inc

           ·         KBR Inc


Check more US Natural Gas Exporting Companies


Top 10 Natural Gas Export Partners of the United States


According to US natural gas trade data, the country is mainly exporting to around 30 foreign countries around the world. Mexico and South Korea are its largest export markets which worth USD 596.97 million and USD 596.43 million respectively and together they recorded 34.4% of the US exports of this product in 2017. USA has increased its exports to Mexico by pipelines which exceeded 5 billion cubic feet per day for the first time in 2018. USA will target growing demand from Mexico’s natural gas fired power generation and industrial sectors. The other countries where US exports natural gas are China, Japan, Jordan, Turkey, Chile, Portugal, India and Spain. Check the export statistics of these countries recorded during 2017.


Country

Value (USD Million)

Share Value (%)

Mexico

596

17.2

South Korea

596

17.2

China

448

12.9

Japan

336

9.7

Jordan

231

6.7

Turkey

163

4.7

Chile

149

4.3

Portugal

134

3.9

India

126

3.6

Spain

123

3.6

 

Export Genius is a reliable and trusted source providing genuine shipment records of US natural exporting activities. We also provide analytical report based on various data segments as per client’s requirements. Let’s see what the benefits of our trade report are and how it is useful for trading companies.


          ·         US natural gas export companies can find new global buyers to expand their business.

          ·         Foreign companies can find right suppliers in the United States market.

          ·         We mainly cover sea, air and road shipments.

          ·         Data is available on HS Code and product description.

          ·         It helps to analyse the market and to take progressive business decisions.


To buy our market research report and data, email us at info@exportgneius.in


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