US LNG exports at full tilt in 2022, averaging 12.4 Bcf/d Demand from European utilities ups US FID prospects Domestic, global demand fail to trigger US production As Western Europe looks to wean itself from reliance on Russian natural gas, a turn toward US supply could spark a bull-market cycle for the domestic market, lending support to developers and producers. Receive daily email alerts, subscriber notes & personalize your experience. Register Now In February, nearly three-quarters of US LNG exports cargoes are now destined for Europe, incentivized by high prices. At the continent’s benchmark Dutch TTF hub, supply concerns have lifted prompt-month gas prices to over $26/MMBtu this month. In Feb. 24 trading, as Russia launched its invasion of Ukraine, gas prices there surged to over $37/MMBtu, data from S&P Global Platts showed. High prices and tight supply globally have kept US LNG export terminals operating at full […]