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Freezing Weather Forces the World’s Top LNG Exporter to Import Gas
Several energy companies imported liquefied natural gas into the United States, with the unusual move prompted by surging demand for energy and heating pushing gas prices to all-time highs. According to LSEG data cited by Reuters, BP and Shell sent LNG cargoes from their jointly owned Atlantic LNG plant in Trinidad and Tobago to the U.S. last week. In fact, per the data, most of the LNG coming into the United States amid the freeze is coming from Trinidad and Tobago. The gas arrives at import terminals for regasification and distribution, although…