Friday, January 3, 2025

US LNG exports soar, Europe remaining the main destination

 US LNG exports reached near record levels in December, rising to 8.5 million metric tonnes (MT) as two new plants started, and driving up full-year shipments 4.5% over 2023, according preliminary data from financial firm LSEG.

December's output was just short of the record monthly export of 8.6 MT recorded in December 2023 and was 9% higher than the 7.75 MT exported in November, according to LSEG data.

For the year, LNG exports hit 88.3 MT, up from 84.5 MT in 2023, ensuring the US maintained its crown as the world's largest LNG exporter, according to LSEG data.

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