Cheniere Energy, Inc. CEO Jack Fusco said Monday demand growth for liquefied natural gas (LNG) has only increased since the start of recovery from the Covid-19 pandemic and that growth is expected to be sustained.

During an energy transition panel on the opening day of CERAWeek by S&P Global in Houston, Fusco said predictions that customers would be lining up for U.S. gas have proved true. Capacity for the newest trains, including from Sabine Pass LNG in Cameron, LA, and the expanding Corpus Christi LNG export facility in South Texas, are “sold out through the 2040s.”

It’s news that could hold promise for U.S. gas exporters and the burgeoning industry. It also means more volatility and exposure such as the ongoing invasion of Ukraine by Russia.

Houston-based Cheniere,...