In the emotion-laden aftermath of the U.S. presidential elections, the focus of all energy attention seems to be exclusively on crude oil and domestic production. Specifically, on whether energy independence is at all possible and whether cutting Saudi Arabia out of the importers’ list is a wise move or exactly the opposite. While some grieved and others rejoiced, Cheniere Energy, which launched its first export-bound LNG tanker this spring, continued to export liquefied gas. Those who follow the LNG market duly noted that exports from the Sabine Pass terminal are growing, but it took the IEA and its latest World Energy Outlook , released last week, to cause the media to stand up and take notice. The IEA said in its forecast that U.S. LNG will enable the United States to turn from a net importer of gas into a net exporter, with all the consequences stemming from it, […]

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