Private Equity is Cashing in on LNG

What Is LNG and what role does it play?

Liquified natural gas (LNG) is natural gas transformed into a liquid for more efficient storage and shipping, from producing regions to markets. Private equity has played a significant role in enabling the United States to become the world’s largest LNG exporter. Nearly 86% of the operating LNG export terminals in the country have some private equity investment. These private equity-backed terminals export over 8 billion cubic feet of gas for international buyers daily. These polluting LNG terminals rake in profits for private equity firms at the expense of communities and the climate.

It has widely been debunked that natural gas and LNG are clean sources of energy. Natural gas is predominantly methane, a greenhouse gas that is 86 times more damaging than CO2, during its first two decades in the atmosphere, and is responsible for 30 percent of the rise in global temperatures since the industrial revolution. Methane leaks into the atmosphere throughout the natural gas supply chain, making it the second biggest driver of climate change.

Private Equity Fuels LNG at the Expense of Communities and the Climate

Check out all of our research on private equity’s investments in LNG and their disastrous effects on the climate and investors’ capital.

Private financing fuels LNG’s uncertain future (a 3 part series)

      • Part 1: Private Equity fuels LNG at the expense of communities and the climate
      • Part 2: Private equity commits to LNG at the expense of long-term energy transition
      • Part 3: Community resistance can create risks for investors looking to expand LNG export infrastructure

Port Arthur LNG and KKR

Fossil fuel assets move from public markets to private equity hands

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