September 2019, Vol. 246, No. 9
Global News
U.S. LNG exports to Europe Grow as Asian Demand Dips
U.S. LNG exports have been growing steadily and reached a new peak of 4.7 Bcf/d in May 2019, according to the latest data published by the U.S. Department of Energy’s Office of Fossil Energy. This year, the United States became the world’s third-largest LNG exporter, averaging 4.2 Bcf/d in the first five months of the year, exceeding Malaysia’s LNG exports of 3.6 Bcf/d during the same period. The United States is expected to remain the third-largest LNG exporter in the world, behind Australia and Qatar, in 2019-20. U.S. LNG exports have increased as four new liquefaction units with a combined capacity of 2.4 Bcf/d came online since November 2018.
Comments