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Wright on Fox Business: JERA LNG Deals Worth $215 Billion to GDP and 53,000 Jobs

June 11, 2025 · U.S. Department of Energy · 0:04:24

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What happened

Energy Secretary Chris Wright joined Fox Business on June 11, 2025, moments after the announcement of LNG export agreements with Japanese energy company JERA, the world’s largest LNG buyer, which provides power to a third of Japanese citizens, as the program and Wright described it. Four American firms signed agreements to export more LNG to Japan through four export terminals in Texas and Louisiana. Wright put the total economic impact at 53,000 jobs and $215 billion toward GDP over the 20-year contracts, as he stated those figures, and said more than 35 states would build products and provide services for the deliveries.

Wright said construction job creation would begin later this year, with revenue following as new capacity comes online over the next two to four years, as he laid out the timing. He contrasted the push with President Biden’s day-one cancellation of the Keystone XL pipeline, as the host raised it, and said Asia wants U.S. natural gas while U.S. AI growth also needs it. Asked about West Coast export routes, Wright said Alaska would probably be the first West Coast terminal but not the only one, and that the limiter on U.S. natural gas is pipelines and the ability to move it to factories, homes and export markets. He said the United States produces almost twice as much natural gas as Russia, and soon more than twice, as he stated the comparison.

Why it matters

The interview attaches the administration’s headline jobs and GDP figures to a specific signed LNG package, making the JERA deals the test case for its energy-export growth claims.

Scoreboard watch

Wright put the JERA agreements at $215 billion toward GDP and 53,000 jobs over 20-year contracts, with construction jobs beginning later in 2025, as he stated those figures. They are recorded here as stated; no verdict is recorded.

Sources: U.S. Department of Energy, “Secretary Wright Joins Fox Business to discuss U.S. LNG Finalized Agreement - June 11, 2025”, 2025-06-11 (official upload, embedded above; published 2025-06-11). Transcript via Supadata (private research store, paraphrased and attributed, not republished). All figures and characterizations as stated by the speakers.