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The United States turns into a net gas exporter

According to the US Energy Information Administration (EIA), the United States exported more gas than it imported in three of the first five months of 2017 (namely in February, April, and May 2017).



The United States has been a net gas importer - on an annual basis - for nearly 60 years but soaring domestic gas production from shale gas and tight oil formations have reduced Canadian gas imports, while supporting higher gas exports to eastern Canada (up to 3.2 bcf/d, i.e. nearly 91 mcm/d in March 2017). US gas exports to Mexico have also continued to rose, from 0.91 bcf/d (26 mcm/d) in 2010 to 4.04 bcf/d (114 mcm/d) in the first five months of 2017, due to lower gas production in Mexico, increased gas consumption in the industrial sector and gas interconnection expansions.



The United States is also boosting its LNG export capacities: in the first five months of 2017, the country only imported 0.2 bcf/d (5.6 mcm/d) of LNG, while the new Sabine Pass LNG terminal exported 1.96 bcf/d (55 mcm/d) in May 2017 alone.