High demand in Europe, high natural gas prices, and increased export capacity made the United States the world’s largest LNG exporter in the first half of 2022.
LNG exports are already outpacing U.S. exports to Mexico—compared to lower-than-Mexico exports five years ago. Next year, U.S. LNG exports are set to further increase from the current around 11 billion cubic feet per day , and to continue growing all the way through 2033, nearly tripling to reach 29 Bcf/d, according to WoodMac.
“As Europe diversifies to more secure supply sources and international buyers across the globe seek reliable low cost supply, North America is poised to deliver,” Wang added. High demand in Europe, high natural gas prices, and increased export capacity made the United States the world’s largest LNG exporter in the first half of 2022, the U.S. Energy Information Administration
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