US regains top spot as LNG exporter in H1 2023
US regains top spot as LNG exporter in H1 2023
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Natural Gas News
US regains top spot as LNG exporter in H1 2023
Summary
EU and the UK took more than two-thirds of all US LNG exports. [Image: Cameron LNG] by: Dale Lunan
The US regained its top spot on the list of LNG exporters in the first half this year, the US Energy Info...
Related Knowledge Center: Liquefied natural gas
Driven by plentiful natural gas produced from shale plays, the United States began exporting liquefied natural gas in 2016 when the Sabine Pass terminal in Louisiana opened and shipped its first cargo. Since then, additional capacity, or trains, have been added to Sabine Pass, and terminals have become operational in Cameron Parish, La.; Hackberry, La.; Cove Point, Md.; and Corpus Christi, Texas. The Energy Information Administration projects that U.S. LNG export capacity will reach 8.9 billion cubic feet per day (Bcf/d) by the end of 2019, making it the third largest in the world, behind Australia and Qatar. The tariff war with China has the potential to impact some final investment decisions for additional terminals in the coming months.