HomeMagazine2021September 2021, Vol. 248, No. 9EIA Reports: US LNG Exports Grew to Record Highs in First Half of 2021

September 2021, Vol. 248, No. 9

Features

EIA Reports: US LNG Exports Grew to Record Highs in First Half of 2021

U.S. exports of LNG continued to grow in the first six months of 2021, averaging 9.6 Bcf/d. This average marks an increase of 42%, or 2.8 Bcf/d, compared with the same period in 2020 (according to the Department of Energy’s LNG Monthly reports, based on shipping data from Bloomberg Finance.)   During the summer months of 2020, U.S. LNG exports fell to record lows, but they set consecutive record highs in November and December.   U.S. LNG exports increased in the first half of this year as international natural gas and LNG spot prices increased in Asia and Europe due to cold weather. Rising global LNG demand once COVID-19 restrictions began to ease,

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