Trump announces $54 Billion investment in Alaska LNG project

The trace

How it reaches your house.

Starting from Freeport LNG Development LP, we walked the supply graph hop by hop to the goods you buy and the companies you own. Each step is the engine’s reasoning, scored for confidence and cited where a source backs it.

1. First impact

   LNG peak-shaving and import facilities →Stands to benefit

   Chart Industries, Inc.GTLS

   If LNG markets expand, this high-share, low-substitutability LNG equipment supplier should see the clearest increase in demand.

   69% confidence

   LNG peak-shaving and import facilities →Stands to benefit

   Air Products and Chemicals, Inc.APD

   Additional LNG activity should modestly support demand for cryogenic and process equipment supplied by Air Products.

   60% confidence

   LNG peak-shaving and import facilities →Stands to benefit

   Constellation Energy (Everett LNG)

2. Hop 2

   Natural Gas (Pipeline-Grade, >95% Methane) →Stands to benefit

   United States

   Because the Alaska LNG project is U.S.-based and would support more domestic gas offtake/export activity, the United States should benefit as the largest listed natural-gas supply source (24% share).

   74% confidence

   Natural Gas (Pipeline-Grade, >95% Methane) →Stands to benefit

   EQT CorporationEQT

   Additional LNG export capacity can tighten gas balances and support upstream U.S. gas suppliers, which would benefit EQT as a 5% share natural-gas supplier.

   62% confidence

   Constellation Energy (Everett LNG) →supply up

   LNG peak-shaving and import facilities

3. Hop 3

   Cryogenic air separation unit (ASU) →Stands to benefit

   Linde Engineering (Linde plc)LIN

   Alaska LNG implies more LNG-facility buildout, which should increase demand for cryogenic ASUs; Linde Engineering has a 35% share and a 36-month replacement lead time, so it benefits.

   64% confidence

   Cryogenic cold boxes and heat exchangers →Stands to benefit

   Chart Industries, Inc.GTLS

   A new Alaska LNG buildout should increase orders for cryogenic cold boxes and heat exchangers, and Chart is the largest listed supplier on this edge (35% share) with an 18-month replacement lead time.

   64% confidence

   EQT Corporation →Prices rise