LNG Import Terminal

European natural gas consumers would welcome the addition of low-cost liquefied natural gas (LNG) from the U.S. to their gas-supply mix. For one thing, they want to reduce their reliance on Russia and other potentially sketchy sources of pipeline gas. For another, they want to weaken the link between oil and gas pricing—something U.S.-sourced LNG would help them do. What would it take for the U.S. to become one of Europe’s primary gas suppliers, and what would that mean for U.S. gas producers and LNG exporters? Today we continue our examination of the international LNG market with a look at what’s driving European curiosity about U.S. LNG.