liquefied natural gas

The country has proposed increasing purchases of liquefied natural gas and airplanes from the U.S. to mitigate the trade imbalance.

Meanwhile, the White House also seeks to approve new liquefied natural gas terminals — a move that would add to U.S. reliance on fossil fuels, and could raise household electricity bills by $100 per month, the report found.

“It basically takes away the state’s ability to comment on and provide feedback on projects … It’s like an open invitation to oil drilling, to any commercial venture, to liquefied natural gas terminals.”

Enter the U.S., which suddenly became the world’s top supplier of liquefied natural gas.

The project would build an 800-mile pipeline to transport gas drilled from Alaska’s North Slope to southern Alaska and then to Asia, home to three of the world’s largest importers of liquefied natural gas, or LNG: China, Japan and South Korea.