Alaska LNG will revolutionize the Alaska economy, allowing domestic use of Alaska's natural gas resources while developing liquefied natural gas ("LNG") processing facilities so natural gas can be exported. People across the state will benefit, both directly and from multiplier effects through the economy.
Dr. Perryman discusses Europe's increased imports of LNG.
A moratorium was recently issued on permits for new liquefied natural gas (LNG) facilities. Although the reasons were purportedly related to climate change, the reality is that slowing the development of this market is actually deleterious for the environment, not to mention the global economy, human sustainability, and geopolitical stability.
The United States now exports more liquefied natural gas (LNG) than any other country. It's a relatively new development, with Australia and Qatar usually topping the rankings in the past. The volume of US exports has surged over the past few years, with major new facilities coming online and strong global demand. While Australia and Qatar volumes have been fairly stable since 2018, US exports have basically quadrupled.