The U.S. LNG industry and natural gas pipeline operators expect the incoming Trump Administration to launch a new wave of capacity expansions that would cement America’s position as the world’s largest LNG exporter.
President-elect Donald Trump is preparing an energy package to expand domestic oil and gas drilling on federal lands and offshore lease sales, in addition to expediting LNG export permits.
The new U.S. Administration is expected to reverse the Biden pause on LNG permits, which could make U.S. developers more willing to take final investment decisions (FIDs) on new projects in the next few years.
“We already have large contracts in place with major LNG suppliers and we certainly expect to get more of that,” Alan Armstrong, CEO at gas pipeline giant Williams, told the Financial Times.
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