The LNG Boom Could End With Billions In Stranded Assets ...Middle East

OILPRICE - Economy
The LNG Boom Could End With Billions In Stranded Assets
source : OILPRICE ( Middle East ) () 24
A few years ago, the notion that the United States could become the largest LNG exporter in the world would have sounded fantastical. And yet last year, it did just that: the U.S. exported as much liquefied natural gas as Qatar in 2022, at over 81 billion cu m. And it’s going to export more this year. But the boom may end sooner than many expect. Most of the gas liquefied at Gulf of Mexico terminals last year went to Europe, which was blown off its course towards a fossil fuel-free future by the war in Ukraine and its own reaction to the…

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