U.S. LNG capacity to jump 20% as Europe shifts away from Russia

Country set to become top exporter of the fuel this year

20220218N LNG tanks

Liquefied natural gas storage tanks and a tanker at a Tokyo Electric Power power plant in Futtsu, near Tokyo. © Reuters

RYOSUKE HANAFUSA and KAZUYA HIRUTA, Nikkei staff writers

HOUSTON, U.S. -- The U.S. will see its production capacity for liquefied natural gas surge 20% by the end of the year, becoming the world's top exporter of the fuel, helped by Europe's efforts to wean itself off Russian supplies.

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