The U.S. is already on its way to becoming the biggest LNG exporter in the world in terms of capacity. This trend is only going to accelerate in the next four years as the country leads new capacity additions for the superchilled, low-emissions fuel.
Demand for LNG, meanwhile, will motivate a doubling in global capacity in the years until 2027. That might raise some questions about the success of some Western governments that are determined to reduce reliance on natural gas, including the Biden administration.
On the other hand, it highlights the importance of reliable, dispatchable energy even as wind and solar capacity also grow.
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.
