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Despite tariffs, Asia to be strong market for U.S. LNG, expert says.
While the trade dispute between the U.S. and China has triggered an import tariff on U.S. liquefied natural gas, Asia will continue to be a stronger market for U.S. LNG exports than Europe, an expert said Wednesday.
The forecast would be good news for Louisiana’s booming LNG export industry, which has taken off in recent years and has several mega-projects on the drawing board.
“Gas is going to go where it generates the biggest bottom line for companies, and for the time being, I think that’s going to continue to be Asia,” said Ron Ripple, a University of Tulsa professor who spoke as part of the annual LSU Energy Summit.
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