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US LNG exports set new records in a banner year that marks new capacity

Preliminary data from LSEG revealed that the U.S. became the first nation to export over?100,000,000 metric tons of liquefied gas (mmt) in a year in 2025,?powered mainly by the start-up of new plants.

LSEG data revealed that the world's biggest LNG exporter, Qatar, sold 111 mmt, nearly 20 mmt higher than its nearest competitor and almost 23 mmt higher than last year.

Last year, U.S. LNG exports accounted for about a quarter.

LSEG data showed that Venture Global's Plaquemines?facility?-the country's second largest export facility - delivered 16,4 mmt by 2025, after sending its initial cargo in December 2024.

Alex Munton is the director of Global Gas and LNG for research firm Rapidan Energy Group. He said that 24% growth year-on-year was due to high utilization at onstream terminals, and rapid ramp-up at new facilities.

Data showed that the U.S. exports of 11.5 mmt in December were a record.

The U.S. will set five monthly production records in 2025.

Jason Feer said that the U.S.'s success in achieving 100 mmt of LNG by pulling gas from the grid and selling it free onboard validates its approach to selling the gas on board and ensuring the supply reliability.

The LSEG ship tracking data shows that Europe remains a major export market. As the Northern Hemisphere's winter intensified and Europe cut back on its Russian gas purchases, the U.S. exported 9 mmt of LNG to Europe last month.

Turkey increased its U.S. Liquefied Natural Gas purchases in December by 1.45 mmt.

The data revealed that the U.S. only sold 1,23 mmt (million cubic meters) of superchilled natural gas in December. This is down from the 1.75 mmt it sold in November.

Egypt continues to purchase significant quantities of U.S. Liquefied Natural Gas cargoes despite its natural gas shortages. In December, it purchased 0.78 mmt, while the Americas took in 0.42 mmt.

Feer believes that the U.S. can increase its production by 20 mmt this year. With Plaquemines aiming to reach full capacity in 2018, Cheniere's modular plants expected to be?either at full volume or ramping-up, and the Golden Pass LNG joint venture between QatarEnergy & Exxon Mobil set to start production in the 1st quarter of 2026. Curtis Williams reported from Houston, and Nathan Crooks edited the story.

(source: Reuters)