Amid an Export Boom, the U.S. Is Still Importing Natural Gas
- Tankers filled with foreign fuel near Boston, Maryland coasts
- U.S. export tanker passes import tanker on Chesapeake Bay
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The U.S. may be exporting natural gas at a record clip, but that hasn’t stopped it from accepting new imports. A tanker with fuel from Nigeria has berthed at the Cove Point import terminal in Maryland, while a second ship with Russian gas is idling outside Boston Harbor.
Pipeline constraints, depleted stockpiles and a 98-year-old law barring foreign ships from moving goods between U.S. ports is opening the way for liquefied natural gas to be shipped from overseas with prices expected to spike as the East Coast winter sets in.