Largest US LNG exporter cuts gas use to help frozen power grid
Cheniere Energy Inc., the largest US exporter of liquefied natural gas, said it’s temporarily cutting natural gas and electricity consumption to help the Texas power grid.
The voluntary move is expected to allow billions of cubic feet of natural gas to flow to utility companies, pipelines and power providers, the company said in an emailed statement Wednesday.
Cheniere’s decision was made ahead of Texas Governor Greg Abbott issuing an order that bars gas from leaving the state through Feb. 21., a according to company spokesman Eben Burnham-Snyder.
