-
Europe was the main destination for U.S. LNG exports in 2022
U.S. exports of liquefied natural gas (LNG) averaged 10.6 billion cubic feet per day (Bcf/d) in 2022, increasing by 9% (0.8 Bcf/d) compared with 2021, according to our Natural Gas Monthly. The increase in U.S. LNG exports was driven by strong LNG demand in Europe, high international natural gas prices, and expanded U.S. liquefaction capacity. U.S. LNG exports to Europe increased 141%, or 4.0 Bcf/d, compared with 2021. U.S. LNG exports to Europe (the European Union [EU-27] plus the United Kingdom) increased as a result of both natural gas supply challenges in Europe after Russia's pipeline exports to the region ... (full story)