Global LNG and life in the 2030s
The buildout of LNG infrastructure and projects provides a potential anti-hero story in the next decade as the fuel provides crucial energy security, navigates market cycles and faces tricky climate questions
One of the first things President Donald Trump did on entering office as part of his ‘Unleashing American Energy’ executive order was to direct the US Department of Energy to lift the pause on the approval of new LNG projects in the US. There can be no doubt the unfettered expansion of LNG is back on the cards, aided by US statecraft aimed at increasing the appetite of key buyers—such as the EU, India and Japan—to commit to purchasing more US LNG under threat of tariffs. This is happening against a backdrop of a tight LNG market, with Europe looking to find more gas to refill its storage volumes after a challenging winter and further reduced pipeline supplies from Russia. However, the much
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5 March 2026
Gas is a central pillar of Colombia’s energy system, but declining production poses a significant challenge, and LNG will be increasingly needed as a stopgap. A recent major offshore gas discovery offers hope, but policy improvements are also required, Camilo Morales, secretary general of Naturgas, the Colombian gas association, tells Petroleum Economist
4 March 2026
The continent’s inventories were already depleted before conflict erupted in the Middle East, causing prices to spike ahead of the crucial summer refilling season
4 March 2026
The US president has repeatedly promised to lower gasoline prices, but this ambition conflicts with his parallel aim to increase drilling and could be upended by his war against Iran
4 March 2026
With the Strait of Hormuz effectively closed following US-Israel strikes and Iran’s retaliatory escalation, Fujairah has become the region’s critical pressure release valve—and is now under serious threat
