Related Articles
Forward article link
Share PDF with colleagues

US backlash against LNG exports despite increased production

Despite increased shale-gas production and slumping prices, the business and environmental opposition against liquefaction plants grows stronger and loude

Despite the rush from overseas buyers to sign supply contracts and invest in US liquefaction facilities, large chemical companies are in the odd position of siding with green groups in the rebellion against liquefied natural gas (LNG) exports.The US is brimming with gas thanks to the surge in shale extraction over the past few years. US gas prices plummeted to decade lows of under $2/million British thermal units (Btu) at the beginning of the year, and a mild winter has left storage facilities well stocked. They could hit bursting point during the traditional summer injection season.But the US shale boom has also sparked a renaissance in the industrial sector, fuelled by cheap gas. US indust

Also in this section
China's teapots are filling up
16 July 2018
Chinese authorities are giving independent refiners greater freedom to source their own supplies of crude oil
Pricing up and down
29 June 2018
A trend towards increased spot sales and more flexible contracts is keeping the global LNG industry on its toes
Buying and selling on the up
29 June 2018
Increased spot and short-term LNG trading and sharp price moves have encouraged the global growth of derivatives trading and hub activity