Global trade in liquefied natural gas continued to grow in 2023

From eia.gov

Liquefied natural gas (LNG) trade increased 3.1% globally in 2023 to average 52.9 billion cubic feet per day (Bcf/d), an increase of 1.6 Bcf/d from 2022, according to a recently released report from the International Group of Liquefied Natural Gas Importers (GIIGNL). Expanded export and import capacity and increasing natural gas demand drove the growth in global LNG trade last year. LNG export capacity expanded primarily in the United States, Mozambique, Russia, Indonesia, Norway, and Oman. In the United States, Freeport LNG returned to service in February 2023 after being offline since June 2022, and it was ... (full story)