Last year the U.S. remained the #3 exporter of LNG in the world, just behind Australia and Qatar. However, during the first half of 2022, the U.S. became the #1 exporter of LNG in the world. Capacity expanded since late last year by an extra 1.9 Bcf/d (billion cubic feet per day), to hit an average of 11.4 Bcf/d, with gusts up to 13.9 Bcf/d. But then there was an explosion and fire at Freeport LNG in Texas in early June, which immediately took 2 Bcf/d offline until further notice (see Freeport LNG Says 2 Bcf/d Export Plant Offline Until October). So the question is, Will the U.S. remain the #1 LNG exporter of the world during 2H22?
Last year the U.S. remained the #3 exporter of LNG in the world, just behind Australia and Qatar. However, during the first half of 2022, the U.S. became the #1 exporter of LNG in the world. Capacity expanded since late last year by an extra 1.9 Bcf/d (billion cubic feet per day), to hit an average of 11.4 Bcf/d, with gusts up to 13.9 Bcf/d. But then there was an explosion and fire at Freeport LNG in Texas in early June, which immediately took 2 Bcf/d offline until further notice (see 