The global gas crunch and skyrocketing prices in Europe and Asia are laying the foundations for a revival in final investment decisions in new liquefied natural gas (LNG) export projects in the United States. Following a nearly three-year-long hiatus in project sanctioning in America, the high natural gas prices globally, the historically low storage levels in Europe, and the continuously growing gas demand in Asia could incentivize the signing of more long-term offtake LNG contracts.
Such deals would secure supply commitments for decades…The Global Gas Crisis Has Made American LNG Hot Again
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