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U.S. LNG Export Capacity to Rise 80% by 2028
Global demand for liquefied natural gas (LNG) has grown over the past decade, prompting investment in new U.S. LNG export projects. Today’s note looks at the U.S. LNG projects currently under development, proposed facilities, and how investors can position to take advantages of long-term growth in LNG. Demand growth for LNG over the past decade was driven by several factors. These include global economic development and a desire to shift away from coal for power generation. In 2022, demand for LNG spiked following Russia’s invasion of Ukraine and the subsequent Western embargoes on Russian natural gas supply ... (full story)