en.Wedoany.com Reported - The expansion plans of the United States in the liquefied natural gas (LNG) export sector may face significant obstacles. According to the latest report from S&P Global, if related projects fail to proceed as planned following the pause in LNG export license approvals, US companies will suffer severe economic losses.

In retrospect, the Biden administration paused the issuance of LNG export licenses in 2024. In 2025, this policy was reviewed, and companies regained eligibility to apply for relevant documents. This adjustment occurred against a backdrop of growing LNG demand in Europe and Asia, where geopolitical shifts in recent years have made energy relatively scarce in these regions.

Under the "Extended Pause" scenario, S&P Global predicts that if planned LNG export projects fail to materialize after the pause is lifted, the US could lose up to $76 billion annually by 2031. The agency believes that global market conditions would significantly deteriorate as a result, with natural gas prices in Europe and Asia potentially surging by 50%. This would lead to a redistribution of energy sector revenues, favoring suppliers outside the US, primarily benefiting Russia.

A decline in export capacity would directly impact US natural gas extraction and processing companies, and reduce employment in the sector. LNG exports are seen as a key driver of US economic growth, crucial for boosting the gross domestic product (GDP).

According to S&P Global Energy, total investment in the US LNG supply chain could exceed $1 trillion by 2040. These investments are expected to create new job opportunities and generate a total of $2.9 trillion in revenue for US companies. Meanwhile, domestic natural gas prices in the US are projected to remain among the lowest in the world.