The United States is projected to retain its position as the world's leading liquefied natural gas (LNG) exporter in 2024, surpassing Qatar and Australia. U.S. LNG shipments are anticipated to reach a new record high, exceeding the previous all-time high set in 2023. This growth is fueled by increased export capacity, with new plants like Plaquemines LNG coming online.
The United States will remain the world’s largest LNG exporter in 2024 ahead of Qatar and Australia as America’s liquefied natural gas shipments are set to increase to a new record high from the previous all-time high of 2023. The United States is on track to export a total of 86.9 million metric tons of LNG this year, per ship-tracking data from Kpler cited by Reuters columnist Gavin Maguire. These volumes would be 0.8% higher than the exports from 2023, according to the data. The U.S.
Energy Information Administration EIA expects America’s LNG to average nearly 12 Bcf/d in 2024, essentially flat compared with last year, according to the latest Short-Term Energy Outlook STEO. However, next year U.S. LNG exports are expected to jump by 15%, reaching almost 14 Bcf/d, thanks to higher export capacity with the Plaquemines LNG and Corpus Christi LNG Stage 3 plants, the EIA said in the STEO for December last week.
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