LNG

EQT Corp., the leading US natural gas producer in the Appalachian shale basins and an emerging LNG player, has made a “strategic decision” to curtail approximately 1 billion cubic feet per day of gross production beginning immediately.

EQT, a natural gas company few have heard of outside of America and which is the nation’s biggest gas producer and runs the “Unleash US LNG” advocacy campaign, reported strong fourth-quarter and annual earnings.

The US has posted another full year of increased proved oil and natural gas reserves as it continues with exports from the US Gulf Coast region, including of LNG from its growing network of plants, while shale-gas proportions in the total also rose.