LNG Exports Grow at Slowest Pace Since 2015, Data Show
- Delays to US projects, sanctions against Russia curbed supply
- Exports set to rise in 2025 on new exports from the US, Canada
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Global liquefied natural gas exports grew at the slowest pace since 2015, threatening to keep prices elevated until new supply comes online to meet rising demand.
Annual LNG shipments are set to rise 0.4% to roughly 414 million tons this year, according to data compiled by Kpler. Delays to US projects and sanctions against Russia’s newest facility curbed new supply into the market.