Who Pays For The Everett Marine Liquified Natural Gas Terminal?
Liquified natural gas (LNG) terminals are large pieces of infrastructure that can either turn pipeline natural gas into a liquid to move onto ships or turn liquified natural gas into a gas to put into a pipeline. They have recently made national headlines because the buildout of LNG export terminals has allowed the US to export more natural gas to the rest of the world, which in turn has led to higher domestic natural gas prices.
Uniquely for the mainland United States, New England’s LNG facilities are primarily used to import, not export, natural gas. This is because the region’s position at the end of the national gas pipeline system means that pipeline gas alone cannot meet the region’s demand during cold snaps. That is where the Everett Marine Terminal (EMT) comes in.