US Becomes World's Largest LNG Exporter in 2023
Surpassing major exporters Qatar and Australia, the U.S. marked a 12% increase in LNG exports, largely driven by European demand.
- The U.S. was the world's largest exporter of liquefied natural gas (LNG) in 2023, surpassing Qatar and Australia.
- Exports of U.S. LNG increased by 12% from the previous year, reflecting strong demand from Europe.
- The Biden administration faced political pressure over natural gas exports, leading to a pause in approvals for new export projects.
- Experts debate the environmental impact of U.S. LNG exports, as they contribute to climate change but also displace coal in some nations.
- European countries, including the Netherlands, France, and the UK, were among the top importers of U.S. LNG.