text: GlobalData plc (via Public) / New pipelines necessary for Marcellus and Utica shales to play relevant role in supplying natural gas to new Gulf Coast LNG facilities, says GlobalData
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  Andrew Folse, Oil & Gas Analyst at GlobalData, comments: 'The future prices for Henry Hub in 2020 are currently averaging $2.75 per mcf, which prompts many companies to increase drilling and completion activities. The higher price is linked to the growing exports of LNG, growth in the number of heating days, and the drawdowns in the US natural gas storage. In 2019, the US exported approximately 5bcfd of LNG, which increased to 6.53bcfd in 2020. The EIA forecasts that LNG exports will continue to grow to an average of 8.50bcfd in 2021.'
  Folse concludes: 'For the Appalachia Basin to significantly grow production in the future it will need to gain more access in infrastructure to transport natural gas, in particular for reaching the LNG plants in the Gulf Coast. In the meantime, the basin will continue to play a key role in supplying other non-LNG related natural gas demand in other US regions such as the Northeast and the Midwest.'
  Information based on GlobalData's report: 'Marcellus and Utica Shales in the US, 2020'
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