SEATTLE (Oil Monster): EQT Corp., TC Energy Corp. and Williams have collaborated to form a new coalition that will primarily focus on boosting liquefied natural gas (LNG) exports from the U.S. The Partnership to Address Global Emissions (PAGE) would promote infrastructure to boost production and export of LNG.
In addition to the three founding members, the alliance will also have various think tanks, trade unions and academic institutions on its advisory board.
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The partnership has identified four main goals- replacing foreign coal with American natural gas, assisting in achieving the pollution limits set by the Paris Agreement, delivering the security needs of the U.S. allies and boosting energy supplies so as to reduce the impacts of rising inflation.
Toby Rice, CEO, EQT Corp. highlighted the need for speedy approvals to build more infrastructure that will help to get natural gas from where they are produced to where they are in need.
According to Energy Information Administration (EIA) forecasts, the U.S. LNG exports are projected to average at around 11.2 Bcf/d in 2022, 12.7 Bcf/d in 2023. The country will likely attain peak LNG export capacity of over 18 Bcf/d by end-2025. The production and exports have been on the rise since 2016.
| Forozan Blend | 75.61 | |
| Iran Heavy | 75.71 | |
| Iran Light | 77.66 | |
| Forozan Blend | 61.25 | |
| Iran Heavy | 61.10 | |
