Goldman Sachs: Trump's approval of liquefied natural gas projects will not affect global supply before 2027

Jinshi data news on November 26th, Goldman Sachs expects that the expected approval of US liquefied natural gas projects will not have a short-term impact on global natural gas supply, because these projects need government permits and long-term contracts to continue. Goldman Sachs analysts said that this means that even if the US Department of Energy approves the proposed export projects, the natural gas balance in the United States or globally is unlikely to be affected until 2027 or later. Goldman Sachs currently expects that by 2030, US liquefied natural gas exports will more than double to reach 189 million tons per year (25 billion cubic feet per day), by then, the US’s share of global natural gas supply will increase from the current 22% to 31%.