U.S. Became #1 LNG Exporter in the World in 2023

U.S. liquefied natural gas (LNG) exports hit monthly and annual record highs in December, according to tanker tracking data reviewed by Reuters. Analysts say the data shows the United States leapfrogged both Qatar and Australia to become the largest exporter of LNG in 2023. The two main factors for the U.S. achieving the #1 position are (a) Freeport LNG returned to full service after being down for 10 months following an explosion and fire, and (b) Venture Global LNG's Calcasieu Pass facility adding more capacity to a facility that it still claims is not commercially ready.

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