The North American country is already the main producer of this type of energy, which represented 40% of European gas consumption in 2022. It plans to multiply its production before the end of the decade
The heavy, humid air in the swampy plain between Texas and Louisiana invites laziness, an impossible sin in Port Arthur, one of the main enclaves in this ground zero of US energy. The town conveys a new frontier city atmosphere: bulldozers here, cranes there, entire brand new neighborhoods, schools to be built, infrastructure on its way. The job offer is insatiable: not all the positions on offer are covered. The influx of new workers has exhausted available housing, and prefabricated homes are the order of the day. A modern gold rush has shaken this energy center: the one unleashed by liquefied natural gas (LNG), the latest manna for the hydrocarbons sector.
“LNG is an extremely important pillar of our economy,” said District Judge Jeff Brannick. “With the expansion of its plants and others, our chemical industry now has 36 brands that supply products to virtually the entire US consumer sector.”
Diversified Energy Company plc (LON:DEC), formerly Diversified Gas & Oil plc, is a gas and oil production company operating in the Appalachian Basin in the United States.
