U.S. LNG Exports Stay Near Record Levels In May ...Middle East

Economy by : (OILPRICE) -
U.S. exports of liquefied natural gas remained close to record levels last month, at 7.29 million tons, or the second-highest since records of such exports began. According to Refinitiv Eikon data, Reuters reported that the May total was a 12-percent increase on the year and also a substantial increase on April, when U.S. LNG exports totaled 6.93 million barrels. The United States is on track to overtake Qatar and Australia as the world’s largest LNG exporter this year as producers rush to boost capacity amid strong demand for the commodity.…

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