U.S. LNG grabs 10% market share as January-August exports equal 2018 volumes - Reuters

U.S. LNG grabs 10% market share as January-August exports equal 2018 volumes - Reuters:

U.S. exports of liquefied natural gas (LNG), negligible just three years ago, now amount to 10% of the global market and at 22 million tonnes so far this year are equal to the total volumes pumped out in 2018, Refinitiv data showed on Tuesday.

The data, comprised of tracked individual journeys made by LNG tankers from supply source to destination, also showed LNG production hit an all-time high last month of 31 million tonnes.

As global volumes grow, Qatar, for years the world’s largest LNG supplier, lost market share to Australia, which exported more LNG than any other country in the past two months.