News Release
Long-term pause in new US LNG investment could transform market
Addressing President Joe Biden’s Executive Order to temporarily pause the approval of new US LNG export projects right to export to countries that the US does not have a Free Trade Agreement (FTA) with (non-FTA), Giles Farrer, head of gas and LNG asset research at Wood Mackenzie said, “the decision will not affect our forecast for US LNG exports out to 2028, but after that it could affect the trajectory and pace of the sector’s growth and have potential to tighten the market in the long run.”
