US LNG exports up 20%

Investment Analysis Clubs Macro Economic Trends and Risks
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U.S. LNG shipments hit a record high for the January-April period of 34.6 million metric tons, according to data from Kpler cited by Reuters columnist Gavin Maguire.

For most of the past winter, European benchmark gas prices were higher than Asian spot LNG prices for delivery into north Asia, attracting more cargoes to European import terminals. Additionally, LNG demand in China and the rest of Asia has been tepid at best, which has helped Europe as competition for cargoes hasn’t been as fierce as in previous years…

LNG exports from the United States have increased every year since 2016, rising from 0.5 billion cubic feet per day (Bcf/d) in 2016 to 11.9 Bcf/d in 2024, making the United States the world’s largest LNG exporter in 2023 and 2024. U.S. LNG gross exports are expected to further increase by 19% to 14.2 Bcf/d in 2025, and by 15% to 16.4 Bcf/d in 2026, according to EIA estimates.

DB2
Long LNG

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TIG has openly said that, part of the “arty” deal for trade peace with the US, is buying vast amounts of US oil and gas. As Burgum said at the convention “energy dominance”.

Steve

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Sounds good to me.

DB2

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