![]() ![]() It became the world’s main importer: 40% of the gas it consumed in 2022 was of this type, which travels by ship in a frozen state. The war in Ukraine was the main factor: deprived of the cheap Russian gas to which it had become accustomed, Europe began buying this product left and right to fill its reserves. Last year, with sky-high prices, 409 million tons were imported, compared to 386.5 million in 2021. ![]() The LNG business, a modality that freezes natural gas to liquefy it and allow its transport by ship, has exploded across the planet. And, with a whole series of new projects in the pipeline, it plans to establish itself at the forefront, with an ever-growing advantage over the rest. This year it will overtake Australia and Qatar to become the world’s largest supplier. It now has seven large liquefaction plants, which export 13 billion cubic feet a day. Only when technological advances allowed it to tap its abundant shale gas reserves in Texas did it become a producer. Until ten years ago, this industry was almost non-existent in the United States. “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.” “LNG is an extremely important pillar of our economy,” said District Judge Jeff Brannick. A modern gold rush has shaken this energy center: the one unleashed by liquefied natural gas (LNG), the latest manna for the hydrocarbons sector. The influx of new workers has exhausted available housing, and prefabricated homes are the order of the day. The job offer is insatiable: not all the positions on offer are covered. 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 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.
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