IGU Sees 'Fragile' LNG Market Balance

May 23, 2025--Written by Daniel Graeber for Industrial Info Resources (Sugar Land, Texas)--Global capacity of liquefied natural gas (LNG) was supported largely by a new facility coming online in the U.S., though the market equilibrium remains "fragile," the International Gas Union (IGU) (London, England) reported. LNG emerged as a fuel of choice after the Russian invasion of Ukraine in 2022 saw piped gas volumes to Europe diminish due to Western-backed sanctions. Supported by its vast natural gas reserves, the U.S. emerged to fill the void as the largest exporter of LNG. Other companies featured: Venture Global