Economics of US Natural Gas Exports: Should Regulators Limit US LNG Exports?

25 June 2016
By Dr. Sugandha D. Tuladhar, et al.

This study, written by NERA Vice President Dr. Sugandha D. Tuladhar, and former Vice President Dr. Paul Bernstein and Senior Consultant Dr. Mei Yuan, assesses the level and destination of US liquefied natural gas (LNG) exports, using a global natural market model under a wide range of Energy Modeling Forum (EMF 31) scenarios. The scenarios reflect different US natural gas resource outlooks, market conditions, changing US environmental regulations, and possible changes in geopolitical conditions that affect global natural gas demand and supply. The authors conclude that limiting US LNG exports is inconsistent with simulated uncertainties and that determining the levels and destinations of exports should be left to the market.