Skip to content
  • Looking for Parts? Visit Trane Supply
  • Education Plattform

Select Your Language

Selecting a language changes the language and content on the Trane site.

  • United States English
  • Canada English
  • Argentina Spanish
  • Mexico Spanish
  • Brazil Portuguese Spanish
  • Aruba English
  • Bahamas English
  • Belize English
  • Bermuda English
  • Bolivia Spanish
  • Bonaire English
  • Cayman Islands English
  • Chile Spanish
  • Colombia Spanish
  • Costa Rica Spanish
  • Curacao English
  • Dominican Republic Spanish
  • Ecuador Spanish
  • El Salvador Spanish
  • Grenada English
  • Guadeloupe English
  • Guatemala Spanish
  • Guyana English
  • Haiti English
  • Jamaica English
  • Martinique English
  • Netherland Antilles English
  • Nicaragua Spanish
  • Panama Spanish
  • Paraguay Spanish
  • Peru Spanish
  • Puerto Rico Spanish
  • Saint Lucia English
  • St. Vincent & Grenadines English
  • Suriname English
  • Trinidad & Tobago English
  • Venezuela Spanish
  • Armenia English
  • Austria German
  • Belarus Russian
  • Belgium English
  • Croatia English
  • Czech Republic Czech
  • Denmark English
  • Estonia English
  • Finland English
  • France French
  • Georgia English
  • Germany German
  • Greece Greek
  • Hungary Hungarian
  • Israel English
  • Ireland English
  • Italy Italian
  • Kazakhstan Russian
  • Latvia English
  • Lithuania English
  • The Netherlands Dutch
  • Norway English
  • Poland English
  • Portugal Portuguese
  • Romania English
  • Russia Russian
  • Serbia Russian
  • Slovakia Czech
  • Slovenia English
  • Spain Spanish
  • Sweden English
  • Switzerland French German Italian
  • Turkey Turkish
  • Ukraine English
  • United Kingdom English
  • Azerbaijan Русский
  • Tajikistan Русский
  • Uzbekistan Русский
  • Turkmenistan Русский
  • United Arab Emirates English Arabic
  • Qatar English
  • Kuwait English
  • Egypt English
  • Lebanon English Arabic French
  • Iraq English
  • Jordan English
  • Mainland of China 选择语言
  • Korea, Republic of (South Korea) Korean
  • Vietnam Vietnamese
  • India English
  • Australia English
  • Japan Japanese
  • Guam English
  • Thailand Thai
  • Taiwan Traditional Chinese
  • Hong Kong SAR English
  • Indonesia English
  • Malaysia English
  • Philippines English
  • Singapore English
  • New Zealand English
  • Services
    • Services
    • Energy & Sustainability
      • Energy & Sustainability
      • Energy Monitoring & Analysis
      • Energy Supply
      • Active Energy Management
      • Renewable Energy & Distributed Energy Resources
      • Energy Conservation Measures (energy efficiency)
    • Operate, Maintain & Repair
      • Operate, Maintain & Repair
      • Connectivity & Cloud Services
      • HVAC System Management
      • HVAC System Repair
      • Rental
    • Upgrade & Modernize
      • Upgrade & Modernize
      • Building Systems
      • HVAC System Retrofits
      • HVAC Equipment Upgrades
      • Financing & Energy Services Contracting
      • Indoor Air Quality Assessment
      • Ready for now
  • Products
    • Products
    • VRF & Ductless Solutions
      • VRF & Ductless Solutions
      • N-Gen CITY MULTI VRF
      • P Series
      • Nv Series
      • VRF System Design
    • Chillers
      • Chillers
      • Water-Cooled Chillers
      • Air-Cooled Chillers
      • Cold Gen Scroll Chillers
    • Packaged Units & Split Systems
      • Packaged Units & Split Systems
      • Rooftop Units
      • Split Systems
      • Self-Contained Units
      • Water Source Heat Pumps
      • Dedicated Outdoor Air Units
    • Energy Management & Controls
      • Energy Management & Controls
      • Building Management Systems
      • Building Automation Systems
      • Trane® Air-Fi™ Wireless Systems
      • Controllers
      • Thermostats
      • Accessories
    • Air Handling
      • Air Handling
      • Terminals
      • Sensible-Cooling Terminal Unit
      • VAV (Variable Air Volume) Units
      • Performance Air Handlers
      • Air Handling Accessories & Controls
    • Energy Storage
      • Energy Storage
      • Energy Storage Systems
    • Precision Cooling
      • Precision Cooling
      • Precision Cooling
    • Residential Units
  • Industries
    • Industries
    • Higher Education
    • Indoor Agriculture
    • K-12
    • Data Centers
    • Restaurants
    • Commercial Real Estate
    • Healthcare
    • Local Government
    • Hospitality
      • Hospitality
    • Industrial
  • About
    • About
    • About Us
    • Contact Us
    • Customer Stories
    • Looking for Parts? Visit Trane Supply
    • Education Plattform
    • North America
      • North America

      • United States English
      • Canada English
    • Latin America
      • Latin America

      • Argentina Spanish
      • Mexico Spanish
      • Brazil Portuguese Spanish
      • Aruba English
      • Bahamas English
      • Belize English
      • Bermuda English
      • Bolivia Spanish
      • Bonaire English
      • Cayman Islands English
      • Chile Spanish
      • Colombia Spanish
      • Costa Rica Spanish
      • Curacao English
      • Dominican Republic Spanish
      • Ecuador Spanish
      • El Salvador Spanish
      • Grenada English
      • Guadeloupe English
      • Guatemala Spanish
      • Guyana English
      • Haiti English
      • Jamaica English
      • Martinique English
      • Netherland Antilles English
      • Nicaragua Spanish
      • Panama Spanish
      • Paraguay Spanish
      • Peru Spanish
      • Puerto Rico Spanish
      • Saint Lucia English
      • St. Vincent & Grenadines English
      • Suriname English
      • Trinidad & Tobago English
      • Venezuela Spanish
    • Europe
      • Europe

      • Armenia English
      • Austria German
      • Belarus Russian
      • Belgium English
      • Croatia English
      • Czech Republic Czech
      • Denmark English
      • Estonia English
      • Finland English
      • France French
      • Georgia English
      • Germany German
      • Greece Greek
      • Hungary Hungarian
      • Israel English
      • Ireland English
      • Italy Italian
      • Kazakhstan Russian
      • Latvia English
      • Lithuania English
      • The Netherlands Dutch
      • Norway English
      • Poland English
      • Portugal Portuguese
      • Romania English
      • Russia Russian
      • Serbia Russian
      • Slovakia Czech
      • Slovenia English
      • Spain Spanish
      • Sweden English
      • Switzerland French German Italian
      • Turkey Turkish
      • Ukraine English
      • United Kingdom English
      • Azerbaijan Русский
      • Tajikistan Русский
      • Uzbekistan Русский
      • Turkmenistan Русский
    • Middle East
      • Middle East

      • United Arab Emirates English Arabic
      • Qatar English
      • Kuwait English
      • Egypt English
      • Lebanon English Arabic French
      • Iraq English
      • Jordan English
    • Asia Pacific
      • Asia Pacific

      • Mainland of China 选择语言
      • Korea, Republic of (South Korea) Korean
      • Vietnam Vietnamese
      • India English
      • Australia English
      • Japan Japanese
      • Guam English
      • Thailand Thai
      • Taiwan Traditional Chinese
      • Hong Kong SAR English
      • Indonesia English
      • Malaysia English
      • Philippines English
      • Singapore English
      • New Zealand English
  • Energy & Sustainability
  • Operate, Maintain & Repair
  • Upgrade & Modernize
  • Energy Monitoring & Analysis
    Energy Monitoring & Analysis
  • Energy Supply
    Energy Supply
  • Active Energy Management
    Active Energy Management
  • Renewable Energy & Distributed Energy Resources
    Renewable Energy & Distributed Energy Resources
  • Energy Conservation Measures (energy efficiency)
    Energy Conservation Measures (energy efficiency)
More on Energy & Sustainability
  • Connectivity & Cloud Services
    Connectivity & Cloud Services
  • HVAC System Management
    HVAC System Management
  • HVAC System Repair
    HVAC System Repair
  • Rental
    Rental
More on Operate, Maintain & Repair
  • Building Systems
    Building Systems
  • HVAC System Retrofits
    HVAC System Retrofits
  • HVAC Equipment Upgrades
    HVAC Equipment Upgrades
  • Financing  & Energy Services Contracting
    Financing & Energy Services Contracting
  • Indoor Air Quality Assessment
    Indoor Air Quality Assessment
  • Ready for now.
    Ready for now
More on Upgrade & Modernize
  • VRF & Ductless Solutions
  • Chillers
  • Packaged Units & Split Systems
  • Energy Management & Controls
  • Air Handling
  • Energy Storage
  • Precision Cooling
  • Residential Units
  • N-Gen CITY MULTI VRF
    N-Gen CITY MULTI VRF
  • P Series
    P Series
  • Nv Series
    Nv Series
  • VRF System Design
    VRF System Design
More on VRF & Ductless Solutions
  • Water-Cooled Chillers
    Water-Cooled Chillers
  • Air-Cooled Chillers
    Air-Cooled Chillers
  • Cold Gen Scroll Chiller
    Cold Gen Scroll Chillers
More on Chillers
  • Rooftop Units
    Rooftop Units
  • Split Systems
    Split Systems
  • Self-Contained Units
    Self-Contained Units
  • Water Source Heat Pumps
    Water Source Heat Pumps
  • Dedicated Outdoor Air Units
    Dedicated Outdoor Air Units
More on Packaged Units & Split Systems
  • Building Management Systems
    Building Management Systems
  • Building Automation Systems
    Building Automation Systems
  • Trane® Air-Fi™ Wireless Systems
    Trane® Air-Fi™ Wireless Systems
  • Controllers
    Controllers
  • Thermostats
    Thermostats
  • Accessories
    Accessories
More on Energy Management & Controls
  • Terminal units
    Terminals
  • Sensible-Cooling Terminal Unit
    Sensible-Cooling Terminal Unit
  • VAV Units
    VAV (Variable Air Volume) Units
  • perf-CSAA
    Performance Air Handlers
  • Air Handling Accessories & Controls
    Air Handling Accessories & Controls
More on Air Handling
  • Energy Storage Systems
    Energy Storage Systems
More on Energy Storage
  • Precision Cooling
More on Precision Cooling
Read Customer Story

Creating a comfortable and inviting atmosphere for 1177 West Hastings

Higher Education K-12 Restaurants Healthcare Hospitality Industrial
Indoor Agriculture Data Centers Commercial Real Estate Local Government
Read Blog Post

4 Questions to Determine Your Equipment Upgrade Strategy

About Us Customer Stories
Contact Us

CONTACT A TRANE EXPERT

Puerto Rico Sales & Service Office

U.S. Liquefied Natural Gas (LNG) Export Market Update

By: Jude Clemente

September 06, 2016

Natural Gas Plant

The U.S. natural gas industry has gone global via the export of LNG. In the first six months of this year, nearly 50 Bcf of LNG was shipped out, and the U.S. is set to become a net LNG exporter in 2017.  The rapidly globalizing gas market is a critical new outlet for U.S. shale producers burdened by the lowest prices in nearly 20 years.  Cleaner and more efficient gas is the winner under the COP21 environmental commitments made last December, so demand will consistently increase.

The expectations for U.S. LNG exports are very high, surging from basically nothing to a dominant role in less than five years, thanks in great part to the Panama Canal expansion that opened in June.  Started in February, Cheniere Energy's Sabine Pass Liquefaction facility in Louisiana is the first LNG export plant in the Lower 48.  U.S. LNG has already been sent to the Middle East, Europe, South America, and Asia (including China), and cargoes could soon reach desperate Sub-Saharan Africa, where 650 million people have no electricity.

Yet, the global LNG race is intensifying daily. Rising gas demand is driving up CAPEX on LNG facilities, and total spend could increase to $245 billion from 2016-2020 – more than 30 percent higher than during the last five years.  Iran, for instance, with a leading 1,200 Tcf of proven gas reserves and unleashed from the Western sanctions that were lifted in January, is upping marketing efforts to both Europe and Asia.

Already accounting for 20% of global gas exports, pipeline-based Russia wants to leverage its $30 billion Yamal LNG project for fast-growing Asian customers, and overall exports could double in the next 15-20 years.  Ally Australia is also heavy competition for the U.S., with a $200 billion build-out that should make the Aussies the largest LNG exporters as soon as 2018.  Globally, annual capacity of liquefaction plants is on track to increase some 40% to 60 Bcf/d by 2021.   

The $5.5 Panama Canal expansion, however, will continually bolster U.S. LNG chances by lowering costs with larger vessels and faster shipping times.  Gulf Coast LNG can now reach Japan in less than 20 days, compared to almost 35 days through the Suez Canal or around the Cape of Good Hope.  The EIA predicts an annual 550 tankers of U.S. LNG passing through the Panama Canal by the early-2020s.

Further, beyond being a predictable supplier with a market economy and massive low-cost resource, U.S. LNG is desirable because contracts are more flexible.         While the others use long-term, oil-based agreements that send gas only to specific nations, buyers of U.S. LNG have the freedom to ship anywhere in the world, supporting the growing spot trade that is 30% of the global market.  Oil-based contracts will become increasingly less attractive as oil prices inevitably regain their upward trend.  The IEA sees the oversupply evaporating as early as the end of this year.

In the emerging markets, where the bulk of incremental demand will occur, smaller and cheaper floating LNG import vessels are expanding the potential customer base for exporters. These units are easier to install and cost a realistic $200-300 million, versus $1 billion or more for the larger onshore plants. The total number of LNG importers could more than double to over 70 nations by 2030.  

U.S. LNG exporters are also being helped by a strong bi-partisan push in Congress to speed up the approval process for shipments to non-Free Trade Agreement nations. EIA now has net LNG exports averaging 1.3 Bcf/d in 2017 and accelerating to become the third largest exporter by 2020. By 2025, U.S. LNG could boom to 12-14 Bcf/d, which is more than a third of the current global market, and rise to as much as 20 Bcf/d by 2035.

Looking For Parts?

Visit Trane Supply

For General and Corporate Questions:

Contact Us
  • About Trane
  • Customer Stories
  • Locate a Sales Office
  • Careers
  • Contact Us
  • Environmental Compliance
  • Quality
  • Ethical Business Conduct
  • Supplier Terms
  • Facebook
  • LinkedIn
  • YouTube
  • Instagram

Privacy Policy  |   Terms of Use

Trane Technologies