"U.S. Claims Global Lead in LNG Exports for 2023"

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Source: Fox Business
"U.S. Claims Global Lead in LNG Exports for 2023"
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TL;DR Summary

In 2023, the United States became the world's leading exporter of liquefied natural gas (LNG), setting monthly and annual records in December. This surge was primarily due to the Freeport LNG facility's return to full service and the full-year output of Venture Global LNG’s Calcasieu Pass facility. U.S. exports increased by 14.7% to 88.9 million metric tons, overtaking Qatar and Australia. Europe was the largest recipient of U.S. LNG, followed by Asia and Latin America. The increase in exports aligns with higher natural gas flows to U.S. LNG export plants, indicating a robust growth in the country's LNG production and export capacity.

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