15 Billion Cubic Meters of LNG

2 years ago
10

On March 24 of 2022, Reuters reported that President Biden "promised the United States would deliver at least 15 billion cubic metres (bcm) more of liquefied natural gas (LNG) to Europe this year than planned before..."
https://www.reuters.com/business/energy/us-promises-deliver-15-bcm-more-lng-europe-2022-sources-2022-03-24/
That is a lot easier said than done. In order to do that the USA needs more LNG export ports. To add more ports means lots of construction projects. These construction projects will require a whole lot more steel and nickel alloy pipes. All of which are in short supply and the prices are going higher. The real kicker is that a lot of the worlds nickel comes from Russia.
https://www.wsj.com/articles/russia-can-hold-nickel-hostage-metals-mining-environment-china-class-domestic-electric-vehicles-11647287911

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