Growing US shale production reshaping global LNG market

The US gas market is undergoing a structural shift that threatens to shake the established global LNG order. In 2017 the US became a net exporter of natural gas for the first time in 60 years. Driven by a combination of increased shipments to Mexico, and growing throughput at the Sabine Pass LNG export terminal, net exports averaged around 0.4 bcfd in 2017, compared to 1.8 bcfd net inflows in 2016.
Source: News