Politics

Half of America’s Gas Exports Claimed by Asia in Next 3 Years

oil-gas-refineryfrom – Bloomberg – by Naureen Malik

More than half of the liquefied natural gas leaving the U.S. over the next three years is contracted by Asian buyers, signaling a potential shift in a market that has been dominated by Latin America since shale exports began in February.

The U.S. is slated to bring online 42.9 million tons a year of LNG export capacity in the next three years, with 52 percent contracted to utilities and national oil and gas companies in Japan, South Korea, India, Taiwan and…

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