U.S. LNG Exports Surge 23% in First Half of Year Amid Higher Capacity and Prices
U.S. liquefied natural gas exports increased by 23% in the first six months of this year compared to the same period in 2025, according to data from the Natural Gas Monthly.
The average daily export rate reached 17.4 billion cubic feet per day (Bcf/d) due to higher capacity from new terminals and expansions at existing facilities. Plaquemines LNG and Corpus Christi Stage 3 have increased nominal U.S. export capacity by a combined 4.0 Bcf/d.
Disruptions in the Strait of Hormuz, which cut off 20% of global LNG supplies mostly from Qatar, pushed prices higher, incentivizing maximum output levels for U.S. exports. Global LNG prices averaged $14.74 per million British thermal units (MMBtu) at Europe's Title Transfer Facility, a four-year high.