29 April 2025 | Gas

US LNG exporters may struggle to meet rising demand driven by AI development — Reuters

US LNG exporters may struggle to meet rising demand driven by AI development — Reuters

US exporters of liquefied natural gas (LNG) could face challenges due to surging electricity demand fueled by advancements in artificial intelligence. According to Reuters, US LNG facilities may struggle to handle such an increase in demand, which could disrupt their operations and lead to higher natural gas prices in the country, the news agency reports.

The world's top technology companies, such as Google, Amazon, and Microsoft, are investing tens of billions of dollars in data centers to support AI development. This requires a huge amount of energy, and its consumption will only grow further, Reuters predicts.

According to a recent report by the International Energy Agency (IEA), US data center demand is expected to rise by about 240 terawatt-hours between 2024 and 2030. This is the equivalent for the total global power consumption for AI technology development in 2022.

Another critical aspect of data center operations is the stringent reliability requirements for power supply. As renewable energy technologies cannot yet match the stability of natural gas, LNG will remain in demand for a long period of time.

Elena Berseneva MarketCheese
Period: 14.11.2026 Expectation: 3500 pips
Sell Bitcoin with $75,000 in view
30 October 2026 70
Period: 14.11.2026 Expectation: 150 pips
Go short on SPX down to $7,500
30 October 2026 92
Brent sell
Period: 29.11.2026 Expectation: 450 pips
Brent crude sell-off targets $105
29 October 2026 69
Period: 12.11.2026 Expectation: 28000 pips
Go long on NVIDIA stock up to $243
29 October 2026 72
Period: 28.11.2026 Expectation: 130 pips
Invest in SPX with 7,850 in view
28 October 2026 93
Period: 28.11.2026 Expectation: 4200 pips
Selling EURUSD down to 1.07000
28 October 2026 104
Go to forecasts