The US was the world's top exporter of liquefied natural gas for the second month in a row 🇺🇸
US LNG exports hit a record 7.3 million tons in January as Sabine Pass started a new unit. Strong European demand aided output
Via @SergioChapa
bloomberg.com/news/articles/…
US LNG exports hit a record 7.3 million tons in January as Sabine Pass started a new unit. Strong European demand aided output
Via @SergioChapa
bloomberg.com/news/articles/…
New export projects will continue to ramp up production this year, cementing the US as the world's top LNG exporter through much of this decade
Out of the 101 U.S. LNG export cargoes in January, more than a third arrived at European ports, while five went to Latin American destinations and the rest remain in transit, shipping data compiled by Bloomberg shows
Gas-starved Europe has become a top destination for US LNG
Gas-starved Europe has become a top destination for US LNG
For comparison, Qatar exported 97 LNG cargoes last month with more than half arriving at Asian destinations, 7 reaching European ports and the rest remain in transit
Unlike US LNG long-term contracts, Qatar's LNG cargoes are not flexible, and often have destination restrictions
Unlike US LNG long-term contracts, Qatar's LNG cargoes are not flexible, and often have destination restrictions
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