Fuel / NEWS UPDATE
U.S. LNG Exports Near Record High as Europe Scrambles for Winter Supply
Published · 1 min read
U.S. liquefied natural gas (LNG) exports reached their second-highest level in history, driven by increased demand from Europe ahead of winter, boosting LNG prices.
Exports to Europe rose by 1 million tons to 6.89 million tons, while those to Asia remained stable. Europe, now a major buyer of U.S. LNG due to reduced Russian supply, faces potential higher prices but has limited alternatives.