U.S. natural gas exports to grow nearly 30% by 2027 as LNG facilities ramp up

In our latest Short-Term Energy Outlook (STEO), we forecast that U.S. liquefied natural gas (LNG) exports will continue to increase as five LNG export projects start operations and ramp up production by the end of 2027. We also forecast increased natural gas pipeline exports, mainly to Mexico. In our forecast, net exports of U.S. natural gas (exports minus imports) grow 18% to 18.7 billion cubic feet per day (Bcf/d) in 2026. In 2027, net exports increase another 10% to 20.5 Bcf/d.