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US LNG suppliers poised to profit on Asian demand as Gulf supply halts

Nikkei Asia · last updated
Energy

US LNG suppliers poised to profit on Asian demand as Gulf supply halts

Lower prices, destination flexibility give American firms an edge to world’s largest exporter

Tankers sit at a U.S. liquefied natural gas export terminal on the Gulf Coast. © Reuters

HOUSTON, Texas — The shutdown of the Persian Gulf’s largest liquefied natural gas export terminal amid the Iran war has sent prices soaring, creating an opening for suppliers of relatively inexpensive U.S. LNG to reach Asian buyers.

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