The United States was the largest exporter of LNG in 2023, beating both Australia and Qatar to the top spot.
The United States beat out both Australia and Qatar to become the largest exporter of liquefied natural gas LNG in 2023, with an average of 11.9 billion cubic feet per day Bcf/d in exports last year, the U.S. Energy Information Administration EIA said on Monday. Strong demand in Europe, the return of Freeport to full operations, and high utilization rates helped America raise its LNG exports by 12% annually in 2023 compared to 2022, per data from the EIA’s Natural Gas Monthly. The U.S.
LNG terminals operating in 2023. Similar to 2022, Europe including Turkey was the top destination for U.S. LNG exports in 2023, accounting for 66%, or 7.8 Bcf/d, of all U.S. exports last year, followed by Asia with a 26% share, and Latin America and the Middle East with a combined 8%, according to the EIA data. Europe continued to rely on U.S. LNG to replace the lost pipeline gas from Russia and raised significantly its LNG import capacity last year to welcome more cargoes.
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