US LNG Exports to Asia See Significant Spike, Report Says

U.S. liquefied natural gas exports to China, Japan and South Korea have risen to “record highs” in recent months as the region continues to recover from the COVID-19 pandemic, Reuters reported April 2. Some U.S. exports are “running neck and neck” with Qatar, one of the region’s largest LNG suppliers, and gas flows to U.S. export terminals are expected to continue to rise, the report said. Record cold temperatures this winter translated into higher demand for heating, which partly contributed to the increased LNG demand, the report said.