financetom
Economy
financetom
/
Economy
/
US natural gas pipeline completions boosted takeaway capacity, EIA says
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US natural gas pipeline completions boosted takeaway capacity, EIA says
Mar 17, 2025 9:42 AM

(Reuters) - The U.S. Energy Information Administration said on Monday that natural gas pipeline projects completed in 2024 increased the country's liquefied natural gas (LNG) takeaway capacity by 17.8 billion cubic feet per day (bcfd).

Takeaway capacity refers to the maximum amount of gas a pipeline can transport away from a production area or storage facility on a daily basis.

The U.S. produced a record 103.2 bcfd of gas and consumed a record 90.4 bcfd of the fuel in 2024, according to U.S. EIA data.

The EIA also noted that total pipeline capacity additions surpassed the previous year's additions for the second year in a row.

Projects completed in the "U.S. natural gas-producing Appalachia, Haynesville, Permian, and Eagle Ford regions ... increased takeaway capacity by approximately 6.5 bcfd (to) deliver natural gas from the producing regions to demand centers in the mid-Atlantic and along the U.S. Gulf Coast," the agency said in a note.

An additional "five pipeline projects completed last year in Texas and Louisiana increased capacity to deliver natural gas to LNG export terminals by approximately 8.5 bcfd." 

The agency also added that a handful of other relatively small interstate and intrastate pipeline projects added another almost 3.0 bcfd.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
US Treasury sanctions Iran's Hormuz strait authority
US Treasury sanctions Iran's Hormuz strait authority
May 27, 2026
WASHINGTON, May 27 (Reuters) - The United States has sanctioned the Persian Gulf Strait Authority, the body Iran has set up to manage the Strait of Hormuz, the Treasury Department said on Wednesday. -- The authority is a body Iran has set up to manage requests for passage through the Strait of Hormuz. -- Tehran's grip on the strait, the...
Fed's Goolsbee says oil shock could exacerbate inflationary impulse of AI hype
Fed's Goolsbee says oil shock could exacerbate inflationary impulse of AI hype
May 27, 2026
May 28 (Reuters) - Chicago Federal Reserve President Austan Goolsbee on Thursday amped up his warning that mounting expectations for the productivity-boosting potential of AI could send inflation higher and force the Fed and other central banks to raise interest rates. The bigger the hype about future productivity, the more rates may need to rise to prevent overheating, Goolsbee said in...
Analysis-Investors expect US dollar to break higher as Fed battles inflation
Analysis-Investors expect US dollar to break higher as Fed battles inflation
May 27, 2026
NEW YORK, May 27 (Reuters) - The U.S. dollar, long stuck in a tight trading range, could be in for a break higher as the Federal Reserve shifts its focus to fighting worrisome signs that inflation is heating up. In the first half of last year, the dollar slumped nearly 11%. Since then, it has settled into a narrow trading...
Fed's Jefferson says monetary policy is 'well positioned' amid inflation risks
Fed's Jefferson says monetary policy is 'well positioned' amid inflation risks
May 27, 2026
May 27 (Reuters) - Federal Reserve Vice Chair Philip Jefferson said on Wednesday that the current setting of monetary policy is in the right place amid ongoing upside risks to the inflation outlook. The current setting of the federal funds target rate range, at between 3.5% and 3.75%, leaves the central bank well positioned to respond to economic developments based...
Copyright 2023-2026 - www.financetom.com All Rights Reserved