Input Stories

  The U.S. remained the world’s largest exporter of liquefied natural gas in 2024, shipping 11.9 billion cubic feet per day (Energy Information Administration).

• “LNG exports from Australia and Qatar—the world’s two next-largest LNG exporters—have remained relatively stable over the last five years (2020–24); their exports have ranged from 10.2 Bcf/d to 10.7 Bcf/d annually, according to data from Cedigaz.”

The details: U.S. LNG exports in 2024 remained more or less unchanged from levels in 2023, due to outages at LNG export facilities, a drop in European demand and the minimal expansion of U.S. export capacity.

• However, “In December 2024, Plaquemines LNG Phase 1 shipped its first export cargo, becoming the eighth U.S. LNG export facility in service.”

Where it’s going: “While Europe (including Türkiye) remained the primary destination for U.S. LNG exports in 2024, accounting for 53% (6.3 Bcf/d) of the total exports, the share of U.S. LNG exports to Asia increased from 26% (3.1 Bcf/d) in 2023 to 33% (4.0 Bcf/d) in 2024.”

• “U.S. LNG exports to other regions, including the Middle East, North Africa and Latin America, also increased last year and accounted for 14% (1.6 Bcf/d) of total exports, compared with 8% (0.9 Bcf/d) in 2023.”

Asian demand: Japan, South Korea, India and China imported the most U.S. LNG, accounting for 76% (3.0 Bcf/d) of the total exports to Asia.

• “U.S. LNG imports increased the most in India—by 0.2 Bcf/d.”