The United States was the top exporter of liquefied natural gas (LNG) during the first half of 2022, the U.S. Energy Information Administration (EIA) said in a July 25 report.
In the first six months of the year, U.S. LNG exports rose by 12 percent to an average of 11.2 billion cubic feet per day (Bcf/d) compared to the last six months of 2021, the EIA said in a July 25 report. The growth in exports was attributed to an increase in LNG export capacity, rising global demand in Europe, and soaring international prices for natural gas and LNG.
In the fourth quarter of 2021 and the first half of 2022, international LNG and natural gas prices hit record highs, the EIA said….