Scott Disavino reports for Reuters that the U.S. is expected to regain the crown as the world’s top LNG exporter.
- The U.S. was poised to be the top liquified natural gas exporter in 2022, but a fire at Freeport LNG, the nation’s second-largest export facility, led to Australia taking the number one spot.
- The majority of American exports have gone to Europe, who is stockpiling supplies after Russia’s invasion of Ukraine.
- America gaining the top spot is good news for the climate, as U.S.-produced natural gas is 50% cleaner than Russian LNG.
Read the full article here.