Friday 22 May 2015

US gas imports at ‘lowest level since 1987’

US gas imports at ‘lowest level since 1987’

The US has seen net natural gas imports at the lowest level since 1987.

It imported a total of 1,171 billion cubic feet (Bcf) last year, according to the US Energy Information Administration (EIA).

That was a 9% fall, continuing an eight-year decline, it added.

Its report also showed the country's dry natural gas production reached record highs as lower domestic prices helped displace gas imports.

It found imports through the pipelineĀ from Canada accounted for nearly 98% of all of theĀ natural gas imports and was the main driver of the decrease in total imports.

Net imports from Canada represented 7% of the country's total natural gas consumption in 2014 - down from 11% in 2009.

Written by

Bruna Pinhoni

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