Efforts by the U.S. to continue growing its natural gas sector are in jeopardy due to takeaway constraints.A few midstream companies are well-positioned to benefit from the projected increase in LNG exportsLast year, the United States became the world's biggest exporter of liquefied natural gas thanks to a massive surge in deliveries to energy-starved buyers in Europe and Asia amid Russia’s invasion of Ukraine and a global energy crisis. Indeed, the U.S.
signed in 2022 for the export market with no less than 20 deals inked. The biggest contract on record was signed betweenUnfortunately, efforts by the U.S. to continue growing its natural gas sector are in jeopardy due to takeaway constraints including limited pipeline capacity.
Analysts at East Daley Capital Inc. have projected that U.S. LNG exports will grow to 26.3 Bcf/d by 2030 from their current level of nearly 13 Bcf/d. For this to happen, the analysts say another 2-4 Bcf/d of takeaway capacity would need to come online between 2026 and 2030 in the Haynesville.
I opened a position to sell gas and oil opposite the news. Big profits, which the news suggests the opposite.
US Liquefaction companies are poised to benefit as well. Expect several FIDs this year. TellurianLNG $TELL Furthest ahead and my pick for first to FID.
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