In Japan, for example, natural gas prices are nearly three times higher than in America, so companies are looking to export there. Japan’s appetite for gas is only going to increase, especially since the country scaled back its nuclear power plant fleet after the Fukushima Daiichi disaster.
In Europe, American gas exports are the only major alternative to Russian gas. European officials fear Russia’s grip on energy markets could be used to achieve political goals. Russia has used its natural gas to manipulate politics in the past. Indeed, Europe was initially hesitant to rebuke Russia’s annexation of the Crimean peninsula because of its control over natural gas pipelines.