January 11, 2024

Worldwide liquefied natural gas (LNG) liquefaction facilities (operating and under construction) in MTPA coupled with shipping routes and flows (MT) to various import countries.

• Global LNG trade reached a new record of just over 400 mtpa in 2022, up 7% from 2021, connecting 20 exporting countries with 46 importing markets.
• The increase can be attributed primarily to restricted pipeline flows from Russia following their invasion of the Ukraine.
• Increased European demand pushed LNG prices higher to attract cargoes from Asia.
• European and East Asian markets are sourcing LNG primarily from the Middle East, Indonesia, Malaysia, Australia, and increasingly from the US.
• Approximate Locations (as of Nov 2021); Under construction project with start date before 2026. Not all facilities are operating at capacity due to declining gas production, operational issues, and other factors.

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