They shipped the United States’ first liquefied natural gas across the Pacific Ocean to Japan. Over the next five decades, similar projects proliferated across the United States and overseas. Liquefied natural gas, or L.N.G., has become a $130 billion global market. The United States is the largest supplier, and nations in Asia, including Japan, are its primary consumers. In Nikiski, 10 years before that first shipment to Japan, explorers seeking oil in the nearby Cook Inlet Basin unearthed substantial reserves of natural gas.

Source: The Times June 26, 2025 16:59 UTC