LNG Market Outlook: US Exports Reach New Record in March

LNG Market Outlook

US LNG exports hit a new record in March 2022 at an estimated 7.7 MMt which is roughly 20% higher than exports were in March 2021. Through 1Q 2022, the US exported 21 MMt as opposed to 16.8 MMt in 1Q 2021. Capacity expansions at Corpus Christi LNG and Sabine Pass and the commissioning of Calcasieu Pass LNG are the main factors driving the increase in LNG output from the US.

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