In 2022, a new record was set in global LNG trade. The rebound from the pandemic had a significant impact on the industry.
Compared to 2021, the consumption of this hydrocarbon increased by 5%, reaching 51.7 billion cubic feet per day (Bcf/d).
The United States experienced the most substantial growth in global exports. In 2022, these increased by 16% (1.4 Bcf/d) compared to 2021, reaching a total of 10.2 Bcf/d.
The United States ascended to the position of the world's leading LNG exporter for the first time in the first half of 2022, following the inauguration of the new Calcasieu Pass LNG export facility.
Nevertheless, a decline in U.S. LNG exports occurred in the second half of the year due to the shutdown of the Freeport LNG export terminal.
Consequently, Qatar and Australia retained their status as the leading countries in terms of overall export volume, as reported by the EIA on its website.
LNG EXPORTS IN 2022:
United States: 10.2 Bcf/d
Qatar: 10.5 Bcf/d
Australia: 10.4 Bcf/d
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