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  1. In 2022, global trade in liquefied natural gas (LNG) set a record high, averaging 51.7 billion cubic feet per day (Bcf/d), a 5% increase compared with 2021, according to data by CEDIGAZ. Liquefaction capacity additions, primarily in the United States, drove growth in global LNG trade.

    Global liquefied natural gas trade volumes set a new record in 2022

    www.eia.gov/todayinenergy/detail.php?id=57000
    www.eia.gov/todayinenergy/detail.php?id=57000
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  2. People also ask
    How did global LNG trade grow last year?
    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.

    Global trade in liquefied natural gas continued to grow in 2023

    eia.gov
    Where did LNG imports increase?
    Imports also increased to countries that expanded regasification capacity, such as the Netherlands, Italy, and Finland. LNG imports to the United Kingdom, France, and Spain declined by a combined 1.3 Bcf/d, mainly because natural gas demand in these countries decreased. In Latin America, LNG imports increased mainly in Colombia, by 0.1 Bcf/d.

    Global trade in liquefied natural gas continued to grow in 2023

    eia.gov
    Which countries export LNG?
    In Indonesia, the Tangguh LNG export facility added a third train. Norway and Oman increased LNG production capacity by optimizing operational efficiency of existing LNG plants. In 2023, the United States became the world’s largest LNG exporter, with exports increasing by 12% compared with 2022.

    Global trade in liquefied natural gas continued to grow in 2023

    eia.gov
    How is the global LNG market evolving?
    Global LNG market continues to rapidly evolve as it responds to growing gas demand in emerging markets, increasing number and diversification of market participants, and the acceleration of technology development and innovation.

    2024 World LNG Report - IGU

    igu.org
    How will LNG export capacity grow in 2024 & 2028?
    Between 2024 and 2028, we estimate LNG export capacity will grow by 0.8 Bcf/d in Mexico, 2.5 Bcf/d in Canada, and 9.7 Bcf/d in the United States from a total of 10 new projects that are currently under construction in the three countries. Mexico.

    North America’s LNG export capacity is on track to more

    eia.gov
    How has China impacted the LNG market?
    In parallel, the emergence of fast-growing LNG importers such as the People’s Republic of China has led to substantial market growth, which has coincided with more diversification on the supply side.

    LNG Market Trends and Their Implications – Analysis - IEA

    iea.org
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  4. IEA – International Energy Agency
    https://www.iea.org/reports/lng-market-tr…

    LNG Market Trends and Their Implications – Analysis

    This report analyses the evolution and outlook of the Asian LNG market, focusing on the structures, drivers and developments of major importers. It covers the market growth, diversification, liberalisation and pricing transitions in the …

  5. U.S. Energy Information Administration (EIA)
    https://www.eia.gov/todayinenergy/detail.php?id=62464

    Global trade in liquefied natural gas continued to grow in 2023

  7. U.S. Energy Information Administration (EIA)
    https://www.eia.gov/todayinenergy/detail.php?id=62984

    North America’s LNG export capacity is on track to more than …

  8. GIIGNL
    https://giignl.org/market-trends/global-ln…

    Global LNG Trade - GIIGNL

    Global LNG Trade. In the last 50 years, LNG trade has grown on average at 11% per year, from 2.6 MT in 1971 to 372.3 MT in 2021. The growth was steadily positive (except 1980-81 and 2012) with 40% of the time double-digit growth …

  9. OilPrice.com
    https://oilprice.com/Energy/Natural-Gas/The-US-LNG...

    The U.S. LNG Export Boom Faces Challenges | OilPrice.com

  10. bp global
    https://www.bp.com/en/global/corporate…

    Natural gas | Energy economics | Home - bp

    Jul 10, 2024 · Global natural gas production is driven initially by the need to support increasing demand for LNG exports, with the US and the Middle East gaining share relative to Russia. Further out, the pattern of global supply …

  11. IGU
    https://www.igu.org/resources/lng2023-…

    2023 World LNG Report - IGU

    Jul 12, 2023 · As of April 2023, the global LNG trade connected 20 exporting markets with 48 markets with importing infrastructure, and an increasingly globalised LNG market made it possible to re-route massive volumes of …

  12. IGU
    https://www.igu.org/resources/2024-world-lng-report

    2024 World LNG Report - IGU

  13. spglobal.com
    https://www.spglobal.com/commodityinsi…

    Global LNG analytics & market outlook | S&P Global

    Spot LNG prices have soared past previous records, and with limited new supply additions over the next few years, prices are likely to remain elevated. As the market responds to these new realities, real-term trade dynamics will grow in …

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