U.S. liquified natural gas exports hit an all-time monthly high last month for a second consecutive month, Reuters reports.
The gains were driven by cooler weather and robust output from the nation’s two largest producers, preliminary data from financial firm LSEG showed on Monday.
The U.S., the world’s top LNG exporter, shipped 10.9 million metric tonnes in November, up from 10.1 mmt in October despite having one fewer day in the month, according to LSEG data.
Cheniere Energy, the nation’s largest LNG exporter, boosted shipments to 4.6 mmt from its two Texas plants, compared with 4.1 mmt in October. Venture Global LNG, the second-largest exporter, held steady at 3 mmt in November, LSEG ship-tracking data shows.
LNG plants typically operate more efficiently in cooler conditions.
Surging LNG exports pushed U.S. natural gas demand for liquefaction to a record 18 billion cubic feet per day in November.
Oops! We could not locate your form.
