The rapid growth of LNG exports from the United States will result in higher gas prices for the country, as production does not keep up with the growth of supplies. This is reported by the information Office of the US Department of Energy (EIA).
EIA predicts that in two years the price of gas in the United States will more than double. This is stated in the short-term management review.
"The average spot price of the Henry Hub exchange in our forecast is about $4 per million British thermal units ($142 per thousand cubic meters) in 2025 and $4.9 ($174) in 2026, compared with $2.2 ($78) in 2024," EIA analysts wrote.
They note that higher natural gas prices in 2025 and 2026 are the result of strong export growth.
"It is constantly ahead of natural gas production in the United States," the US Department of Energy said.
Current LNG exports exceed 10% of domestic gas production in the country. However, supplies are growing rapidly and may almost double in the next 2-3 years. Gas production, in turn, remains at a stable level.
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