The U.S. is increasing its natural gas liquefaction capacity by 1327% over the next five years and transforming the entire global LNG marketplace.
Natural gas from places such as Washington County, Pennsylvania will find its way across the entire world over the next five years. A new study from GlobalData reported on its GlobalTrade blog indicates the degree to which the U.S. is achieving energy dominance in the world, especially with respect to the global LNG marketplace. The numbers are striking.
The GlobalTrade article reveals total natural gas liquefaction capacity of the U.S. will grow by an incredible 1327% from 2018 and 2022. Yes, gas produced in Butler, Bradford, Lycoming, Susquehanna and Washington Counties, to name a few, is moving out across the high seas to ports around the world, delivering the benefits of clean burning, low cost energy to far-flung regions.