LNG Delivery: US Exports increased strongly during the first quarter of 2025

ULNG exports increased strongly during the first quarter of 2025. In its latest weekly report, Banchero Costa ships said that “Global Sea LNG trading increased sharply until 2022, also helped by events in Ukraine which forced Europe recently diversified

According to the ship, “LNG’s largest exporter is now the US, which contributed 24.0%of shipping in Jan-Mar 2024, followed by Qatar with 19.8%, Australia with 18.2%, Southeast Asia with 11.5%, and Russia with 7.4%. In Jan-Mar 2025, Asia which was exported 26.1%of AF. -1.7% yoy and the lowest volume since 2021 “.

Source: Bancha Costa

Meanwhile, “The European Union remains the largest LNG importer in the world. In Jan-Mar 2025, the European Union imported 25.5 mln Tons of LNG, up +9.6% Yo-y, contributing 23.3% of the global LNG. 1Q24 but still below 6.1 mln T in 1Q23. Shipbroker said.

According to Banchero Costa, “The United States now appears on the frontline of global exports. Still in 2022, the US is the third largest exporter of LNG after Australia and Qatar, with a share of 19.7% of the export volume of 22. +9.5% Yo-Y, in 2023 it is +11.8% Yoy. Cameron (9.5 mln T), Cove Point (5.1 mln T) “.

Source: Bancha Costa

“In the case of the destination for LNG America, the main route is now transatlantic to the EU and Britain, although there has been a correction since the peak in 2022-2023. In January 2024, LNG exports from the United States for 47 years. Of the total exports of US LNG in January 2024. The volume to England also fell -46.8% yoy to 4.9 mln T in 2024, from 9.1 mln T for 47 years. LNG Delivery last year. +9.3% last year to 6.7 mln tons.
Nikos Roussanoglou, Hellenic Shipping News worldwide