US Shale Gas Could Become ‘Biggest Green Initiative on Planet,’ EQT CEO Says

Ramping up U.S. LNG exports can lead to a significant decrease in global methane emissions, according to President and CEO Toby Rice.

Toby_Rice_EQT

“We shouldn’t be thinking about cutting down LNG exports, we should be thinking about doing more,” said Toby Rice, president and CEO of EQT Corp., speaking at Hart Energy's DUG East & Marcellus-Utica Midstream conference and exhibition on Dec. 7.

U.S. LNG holds significant potential to put the country on track to achieve its sustainability goals, according to Toby Rice, CEO of EQT Corp.—the largest natural gas producer in the U.S.

“The facts are clear. U.S. LNG powered by the Marcellus shale is the biggest green initiative on the planet,” Rice told attendees of Hart Energy’s DUG East & Marcellus-Utica Midstream conference and exhibition on Dec. 7. “We shouldn’t be thinking about cutting down LNG exports, we should be thinking about doing more,” he said.

Rice said he is extremely bullish on natural gas, adding that the growth engine for domestic gas producers will be international LNG.

Already have an account? Log In

Subscribe now to get unmatched and complete coverage of the Energy industry’s entire landscape!

View our subscription options
  • Access to site wide content
  • Access to our proprietary databases
  • Watch exclusive videos with energy executives
  • Unlimited access to an extensive library of Playbooks, Techbooks, Yearbooks, supplements, and special reports
  • Newly Added! Access to Rextag's Energy Datalink, containing extensive GIS databases of energy assets, production records, processing capacities, physical locations, planned projects, acquisition records, and much more.

Faiza Rizvi

Faiza Rizvi is a senior editor of ESG for Hart Energy's editorial department, with a strong focus on E&P Plus and HartEnergy.com. She has been covering all facets of the U.S. and international energy industry for over 5 years.