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:
- 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.
For questions about North American Natural Gas Market Outlook and analysis, please contact: Gordon Pickering at 916.631.3200 or firstname.lastname@example.org.About Navigant Navigant (NYSE: NCI) is a specialized, global expert services firm dedicated to assisting clients in creating and protecting value in the face of critical business risks and opportunities. Through senior level engagement with clients, Navigant professionals combine technical expertise in Disputes and Investigations, Economics, Financial Advisory and Management Consulting, with business pragmatism in the highly regulated Construction, Energy, Financial Services and Healthcare industries to support clients in addressing their most critical business needs. More information about Navigant can be found at www.navigant.com. * The information contained in North American Natural Gas Market Outlook, Fall 2013 and this press release reflect Navigant’s current expectations based on market data and trend analysis. Navigant’s market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the Outlook. Please refer to the full report for a complete understanding of the assumptions underlying the report’s conclusions and the methodologies used by Navigant to create the report. Navigant undertakes no obligation to update any of the information contained in this press release or the Outlook. 1 All prices in this article are reported in real 2012 U.S. dollars.