Raymond James: Tide of U.S. LNG Exports Rising, But Don’t Get Too Excited

摘要

Next year will be a “breakout year” for U.S. exports of liquefied natural gas (LNG), with cargos expected to emanate from four terminals. But don’t expect much help from that for natural gas prices, Raymond James & Associates Inc. said Monday. “...[W]e project LNG exports averaging 2.5 Bcf/d in 2018-up from 0.5 Bcf/d in 2016 and 1.2 Bcf/d in 2017 — en route to about 9 Bcf/d in 2021,” the firm said in a note. “...While every bit of gas demand helps, it is unlikely that LNG exports will support a long-term increase in domestic gas prices beyond our $2.75 price deck.”