Barring an increase in domestic natural gas production, the United States should stay the course with regard to liquefied natural gas (LNG) export volumes, the top executive at global chemical manufacturer Huntsman Corp. told NGI.

“I don’t think we should be exporting any more LNG than we are today if we’re not going to, conversely, produce more on the supply side,” CEO Peter Huntsman said. He cited the aftermath of the Freeport LNG explosion early this month as “real-time market evidence” of the need to produce more gas domestically. 

After Freeport LNG Development LP said the export facility would be offline for a longer period than initially expected, gas prices dropped because domestic supply is increasing as a result, Huntsman explained. More supply available to...