- North American consumer natural gas demand is expected to increase from 77.8 Bcfd in 2013 to 108.7 Bcfd in 2035.
- North American dry natural gas production is expected to grow by 44 percent from 87.3 Bcfd in 2013 to 124.5 Bcfd in 2035.
- LNG exports are expected to grow in North America, reaching up to 7.8 Bcfd by 2022.
Navigant’s (NYSE: NCI) Energy practice has issued its North American Natural Gas Market Outlook, Fall 2013 (Outlook), including updated forecast data on natural gas prices, dry conventional gas and shale gas production, natural gas demand and gas storage activity. According to the updated forecast, the real Henry Hub average price is expected to return to above $5/MMBtu after 2020 and reach $6.93/MMBtu by 2035 1. Navigant’s analysis projects: