Since the fall of 2020, the United States has significantly boosted its liquefied natural gas exports to the top LNG-importing region, Asia, to the point of setting record highs in recent weeks and competing with Qatar for supplying the fuel to the biggest LNG buyers. Below-normal winter temperatures in north Asia—the home of the world’s top three LNG importers Japan, China, and South Korea—led to high demand for gas in recent months, while the recovery of industrial activities from the pandemic also helped to push up demand. According to estimates from Refinitiv cited by Reuters , American exports of LNG to the top three importing nations reached 3.2 million tons in February 2021, which was two and a half times the previous highest monthly export levels. U.S. LNG exports to Asia were already surging last year compared to 2019, despite the pandemic and the lull in demand in the […]

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