America’s LNG Boom Is Real — But China Is Planning Beyond It
Kansas Fed Pres Warns Oil Price Shock Might Not Be Transitory Cyril Widdershoven is a senior maritime, energy, and geopolitical analyst and Senior Advisor at Blue Water Strategy, specialising in the strategic intersection of shipping, ports,… The Iran war has handed the United States a rare opportunity: a new dawn of energy dominance in an increasingly fractured world.
With coordinated US-Israeli strikes disrupting the Strait of Hormuz from late February, roughly 20% ofglobal LNG supplyhas been stripped from the market since early March.
Prices have surged across Asia and Europe.
And into that vacuum, American gas has flowed.
US LNG exports to Asiajumped sharplyin April, with nearly a quarter of all American cargoes heading to a region that simply cannot afford to go dark.
Deals are being signed, pipelines planned, and $100 billion in private investment is pouring into liquefaction plants and terminals, putting the US on a trajectory toward 220 MTPA of export capacity within five years.
The administration's energy dominance agenda, backed by promises to streamline permitting, has given producers a powerful political tailwind and reassured global buyers seeking reliability.
Washington's case for American LNG has never been easier to make.
But dominance built on a crisis is not the same as dominance built on trust.
And there is a competitor watching this moment very carefully.
China entered this crisis in a structurally different position.
Two decades ofsustained investmentin domestic energy production, spanning generation, storage, and distribution, have left Beijing considerably less exposed to the supply shocks rattling Western and Asian markets alike.
| Product | Price | Change |
|---|---|---|
| Brent Crude | $102.14/bbl | +0.34% |
| WTI Crude | $96.90/bbl | +0.21% |
| EN590 Diesel | $846/MT | +0.18% |
| Jet Fuel A-1 | $1090/MT | +0.55% |
| Mazut M100 | $450/MT | -0.15% |
| Bitumen 60/70 | $470/MT | +0.08% |
| Sulphur Gran 99.5% | $470/MT | -0.44% |
| Urea 46% Gran | $650/MT | +1.12% |
| NPK 16-16-16 | $460/MT | -0.28% |
| Nat Gas TTF | $15.42/MMBtu | +0.92% |
Comments
Post a Comment