U.S. natural gas demand from liquefied natural gas (LNG) plants reached a record high of 15.2 billion cubic feet (bcf) on December 31, 2024. This surge occurred on the last day of the year, according to preliminary data from financial firm LSEG.
This record demand is seen as an indicator of a strong year ahead for the LNG sector, driven by the anticipated startup of two new gas-processing plants. The increased demand highlights the growing role of U.S. LNG in global energy markets.
U.S. natural gas demand for LNG plants is forecast to rise further to 17.8 bcfd in 2025. This projected increase is attributed to the commissioning of Venture Global LNG's Plaquemines plant and Cheniere Energy's Corpus Christi Stage 3 expansion in Texas.
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