Even though 2020 was an unprecedented year for LNG and gas markets, the post-pandemic recovery could begin as soon as 2021, according to Steven Kobos, president and CEO of Excelerate Energy, a U.S. LNG company based in The Woodlands, Texas.

“I am very bullish on the post-pandemic recovery. We’re going to see massive drivers and will have a very bullish market that will drive U.S. LNG,” Kobos told Hart Energy’s Faiza Rizvi.

He also noted that natural gas will play a significant role in the energy transition journey as a bridging fuel to renewables. “Let’s face it—what we do with LNG is critical,” he said. “It displaces coal, which is concentrated carbon and accounts for 39% annual CO₂ emissions. We have to get away from coal-based power generation and LNG is a critical part of doing that, especially in emerging markets.”

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