Global LNG trade reaches a record high in 2024

Global LNG trade reaches a record high in 2024

Global liquefied natural gas trade reached a record 411.2 million tons in 2024, up 2.4% from the previous year, with the U.S. cementing its lead as the top exporter, The Center Square reports.  According to the International Gas Union, U.S. LNG shipments reached 88.4 million tons—boosted by increased production and the launch of new liquefaction units, including the Plaquemines LNG facility in Louisiana.  The U.S. now holds 97.5 million tons of …

Global LNG trade up despite European slump

Global liquefied natural gas (LNG) trade expanded by 2.4% in 2024, reaching 411.24 million tonnes, according to the 2025 World LNG Report. The sector now connects 22 exporting countries with 48 importing markets. Asia Pacific remained the leading LNG exporting region, shipping 138.91 million tonnes—an increase of 4.10 million tonnes over 2023. Two new countries also entered the export market, supporting overall growth. European LNG imports fell …