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mega profits before planet A.....
The truth about LNG
https://www.youtube.com/watch?v=9KAUYI_eX24
More and more gigantic tankers carrying LNG, liquefied natural gas, are crisscrossing the oceans – and we're building infrastructure to trade ever larger amounts. But shouldn't we be moving AWAY from fossil fuels?
We're destroying our environment at an alarming rate. But it doesn't need to be this way. Our new channel Planet A explores the shift towards an eco-friendly world — and challenges our ideas about what dealing with climate change means. We look at the big and the small: What we can do and how the system needs to change. Every Friday we'll take a truly global look at how to get us out of this mess.
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SEE ALSO: https://johnmenadue.com/environment-booming-oil-and-gas-profits-mainly-benefit-shareholders/
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- By Gus Leonisky at 24 Mar 2024 - 5:58am
- Gus Leonisky's blog
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gassy.....
The US has become the world’s biggest exporter of liquefied natural gas for the first time, with 2023 shipments overtaking leading suppliers Australia and Qatar.
The US exported 91.2 million tonnes of LNG in 2023, a record for the country, according to data through December 31 compiled by Bloomberg.
The expanded output was due to last year’s restart of Freeport LNG in Texas, which had been shuttered for months following a June 2022 fire and explosion.
Qatar, the top LNG supplier in 2022, saw its volumes shrink, with a 1.9 per cent decline dropping the nation into third spot for shipments of the super-chilled fuel. Australia ranked second, with exports that were little changed from 2022.
This year, two new LNG projects in the US are due to start production: Venture Global LNG’s Plaquemines facility in Louisiana and Golden Pass in Texas, a joint venture between Exxon Mobil and QatarEnergy. At full capacity, the two projects would add another 38 million tonnes a year from the US.
https://www.afr.com/markets/commodities/us-becomes-top-lng-exporter-overtaking-australia-and-qatar-20240111-p5ewfdMEANWHILE, AS AUSTRALIA EXPORTS RECORD AMOUNTS OF LNG, THERE'S NOT ENOUGH GAS FOR THE DOMESTIC MARKETS.....
THIS FROM THE AUSTRALIAN NEWPAPER:
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