Experts gather to highlight benefits of LNG exports
The American Petroleum Institute (API), along with the Center for Liquefied Natural Gas LNG (CLNG) and LNG Allies hosted an event discussing the increasing role U.S. LNG exports play in the global energy mix and the global benefits of this transition, including emissions reductions, lifting people out of poverty, and increasing global security.
“U.S. natural gas is meeting growing American energy needs, and at the same time, U.S. LNG exports are improving global conditions and reducing emissions by spreading the benefits of abundant energy to our allies around the world,” said API president and CEO Mike Sommers, adding API’s pleasure to be hosting the event with CLNG and LNG Allies. “LNG exports are encouraging coal-to-gas switching for power generation from China to Germany, which helps to drive lower emissions while simultaneously bringing affordable and reliable energy to areas which previously had none.”
“We are excited to partner with API and LNG Allies in today’s event to highlight the crucial role U.S. LNG is playing in reducing emissions and air pollution globally. U.S. LNG exports are helping to provide jobs here at home and cleaner air abroad.” said CLNG executive director Charlie Riedl. “CLNG’s members are working hard to bring affordable, clean and abundant US natural gas to the rest of the world and we are excited about the future.”
“As detailed by the experts at today’s event, U.S. LNG exports have many global benefits. They lift millions of people out of poverty, improve air quality, and reduce greenhouse gas emissions. They provide greater energy security for America’s allies, and create a more robust global natural gas market. And just as importantly, U.S. LNG exports are creating hundreds of thousands of new jobs here at home and adding billions to the U.S. economy,” said President & CEO of LNG Allies Fred H. Hutchison.
API is a national trade association representing all facets of the natural gas and oil industry, which supports 10.3 million U.S. jobs and nearly 8% of the U.S. economy. API’s more than 600 members include large integrated companies, as well as exploration and production, refining, marketing, pipeline, marine businesses, and service and supply firms.
– Edited from an API press release by CFE Media.