Qatar has once again become the largest exporter of LNG - more than 10.4 bcm

n April, Qatar became the world's largest exporter of LNG - more than 7.5 million tons (or 10.3 bcm) of LNG, 19% more than in March. This was reported by Bloomberg. Qatar's LNG exports fell last month due to terminal maintenance.

Instead, LNG exports from the United States fell by 8% in April to 7.1 million tons of LNG (9.8 bcm). This is due to declining demand for natural gas with the end of the heating season in the Northern Hemisphere. At the end of the winter, the cold weather, along with Europe's desire to reduce its dependence on Russian gas amid the war, boosted demand for LNG.

"Looking ahead, the United States and Qatar are expected to compete for dominance in the global LNG market," Bloomberg reported.

After the completion of the Calcasieu Pass export terminal in Louisiana later this year, the United States is expected to reach a peak LNG production capacity of 13.9 billion cubic feet (0.4 bcm) of natural gas per day. Meanwhile, Qatar is planning a large-scale export project to be launched in the late 2020s, which could strengthen its position as a major fuel supplier.

Traditionally, Australia closes the top three in LNG exports - 6.5 million tons of LNG (9 bcm) in April, 1.5% less than in March.

18:50 / 3 May 2022

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