Lindsey Janies | Bloomberg | Getty Images
The Asia Vision LNG carrier ship at the Cheniere Energy terminal in this aerial photograph taken over Sabine Pass, Texas, Feb. 24, 2016
“Also, the rising number of LNG consuming countries, from 15 in 2005 to 39 this year, shows that LNG attracts many new customers, especially in the emerging world,” Birol added.
The U.S. is already the world’s largest producer of natural gas. The IEA estimated that by 2022 the country’s production will be 890 bcm, more than a fifth of global gas output.
The IEA said the United States will challenge Qatar and Australia as the highest exporter by 2022 with more than half of the natural gas produced to be converted to liquefied natural gas for export.
In a bid to increase export demand, three major LNG terminals under construction on the Texan coast will double the number of U.S. ports currently in use.