Williams Sees LNG Share Topping 25% Of US Gas Market
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Williams Cos., one of the world’s largest pipeline operators, projects liquefied natural gas will expand to become more than 25% of the U.S. gas market in the next decade.
The energy infrastructure company also sees years of robust demand for the fuel, which currently makes up about 15% of the market, according to CEO Chad Zamarin.
“If you look at LNG in the U.S., we expect a doubling of LNG production over the next 10 years,” Zamarin said during an interview on Bloomberg TV on Aug. 5.
As the U.S. has risen to become the top global LNG producer, surging gas exports remain a bright spot for midstream pipeline operators. LNG export projects under construction in the U.S. Gulf region are expected to double capacity, and they open opportunities for pipeline companies such as Williams to supply the facilities. Increasing power demand driven by artificial intelligence and data center construction also underpin the company’s growth strategy, Zamarin said.
The Tulsa, Okla.-based firm increased its 2025 full-year guidance for earnings before interest, taxes, depreciation and amortization by another $50 million to $7.75 billion at the midpoint in a quarterly earnings report released Aug. 4. The optimism in large part can be attributed to the company’s growth in the LNG export market, Zamarin said.
Williams shares fell by as much as 5.43% Aug. 5 in New York after the company’s second-quarter adjusted earnings per share missed average analyst estimates.
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