Skip to content

U.S. Holds World’s Top LNG Exporter Spot on European Energy Crisis

  • U.S. LNG exports highest number of cargoes, volumes in January
  • Gas-starved Europe was top destination for U.S. LNG shipments

The U.S. held its ranking as the world’s top exporter of liquefied natural gas for a second month in a row, as Europe’s winter energy crisis draws more cargoes to the continent.

U.S. LNG exports hit a record 7.3 million tons in January, taking the No. 1 spot away from Middle Eastern powerhouse Qatar for a second time since December. Europe, which is facing low winter inventories and high natural gas prices due to tensions between Russia and Ukraine, was a top destination for U.S. cargoes last month.