Concerns Rise Over US LNG Export Policies

The U.S. liquefied natural gas (LNG) export landscape faces challenges amid political tensions, particularly with a potential 60% tariff on Chinese imports proposed by Donald Trump, which could disrupt current sales despite his promise to boost energy permits. The Biden administration's halt on new LNG export permits to non-free trade countries has also stalled growth in this sector, resulting in legal battles over the approval process. Meanwhile, the Klaipėda LNG terminal in Lithuania celebrates its 10th anniversary, having significantly contributed to the region's energy independence by receiving gas primarily from Norway and the U.S. The emergence of new trade channels in Asia and the Middle East due to U.S. sanctions on Russian LNG highlights a developing parallel market, allowing sanctioned countries to circumvent restrictions. Reports suggest that while U.S. authorities are increasing surveillance to combat these markets, challenges remain in enforcement. Experts urge the U.S. to seize its dominant position in global LNG to maximize economic and geopolitical advantages.