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Energy Policy Now

Can the Global LNG Market Support U.S. Export Ambitions?

Jun 18, 2024
43:23

Natural gas market expert Anne-Sophie Corbeau explores the global outlook for LNG demand, and the potential for this demand to support the rapid expansion of U.S. LNG export capacity.
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The United States emerged as the leading global exporter of liquefied natural gas (LNG) in 2023, surpassing long-standing leaders Qatar and Australia. Looking ahead, U.S. LNG exports are projected to double by the end of the decade as new export facilities are developed along the U.S. coastline.

This rapid expansion has intensified concerns regarding the environmental and community impacts of extensive LNG export projects. Additionally, the swift development of LNG projects raises questions as to whether the global market for natural gas, often referred to as a “bridge fuel”, will support substantial investment and long-term operation of new LNG projects.

Anne-Sophie Corbeau, a global research scholar at the Center on Global Energy Policy at Columbia University, examines the future of global LNG demand and how it may support future supply additions in the U.S. She also discusses the potential for global LNG oversupply and factors that could affect the competitiveness of the U.S. industry in a potentially saturated market.

Anne-Sophie Corbeau is a global research scholar at the Center on Global Energy Policy at Columbia University’s School of International and Public Affairs, and a former head of gas analysis at BP.

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Energy Policy Now is produced by The Kleinman Center for Energy Policy at the University of Pennsylvania. For all things energy policy, visit kleinmanenergy.upenn.edu

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