Ukraine war fuels European and Asian scramble for U.S. LNG

Early bird buyers secure long-term contracts at double the pace of last year

20220519N Calcasieu Pass LNG plant

A tanker at Venture Global LNG's Calcasieu Pass terminal in Louisiana. American gas has become a hot commodity amid the war in Ukraine and the global economic recovery from COVID-19. (Photo by Ryosuke Hanafusa) 

RYOSUKE HANAFUSA, Nikkei staff writer

HOUSTON, U.S. -- Russia's invasion of Ukraine has sent European and Asian buyers rushing to buy American liquefied natural gas, in some cases securing output from new projects still years away from production.

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