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US Records Highest Ever LNG Exports in August

Posted on 9/5/25 at 8:47 am
Posted by ragincajun03
Member since Nov 2007
27184 posts
Posted on 9/5/25 at 8:47 am
quote:

(Reuters) – U.S. exports of liquefied natural gas (LNG) reached an all-time high in August as plants exited planned maintenance programs and Venture Global’s Plaquemines facility continued to increase output, preliminary data from financial firm LSEG show.

August exports totaled 9.33 million metric tons, beating the previous monthly record set in April of 9.25 million tons and higher than the 9.1 million tons exported in July, according to LSEG data.

Plaquemines is the second-largest LNG plant in the U.S. with a capacity of 27.2 million tons per annum (MTPA) and has increased production every month since it started up in December 2024, helping the country to remain the world’s largest LNG exporter. Plaquemines sold 1.6 million tons in August, or 17% of total U.S. exports, LSEG data showed. Plaquemines is still under construction but is expected to produce from all its 18 plants in September, potentially increasing output further, according to regulatory filings.


quote:

Europe continues to be the biggest destination for U.S. LNG exports with 6.16 million tons, or 66% of the total. That’s up from 5.25 million tons, or 58%, sold to the continent in July, LSEG ship tracking data showed.

European gas prices fell in August to $11.13 per million British thermal units (mmBtu) at the Dutch Title Transfer Facility (TTF), down from $11.56 per mmBtu in July, according to LSEG data.


quote:

Egypt in August bought nine cargoes of LNG that totaled 0.57 million tons, or 6% of total U.S. LNG exports, compared with the 0.59 million tons it bought in July, LSEG ship tracking data showed.


quote:

U.S. LNG exports to Latin America fell in August to 0.69 million tons, or 7% of total U.S. exports, down from 1.03 million tons in July. The region was well-supplied from Trinidad and Tobago as the Shell and BP-owned Atlantic LNG plant has been producing at higher rates since June, exporting 0.8 million tons in August, according to LSEG data.


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Posted by PSS101
Member since Jun 2024
968 posts
Posted on 9/5/25 at 8:48 am to
Posted by Potchafa
Avoyelles
Member since Jul 2016
4142 posts
Posted on 9/5/25 at 8:53 am to
And most bigs are laying off.
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