NorthAmOil: US becomes third-largest LNG exporter as first wave nears completion

The first wave of US LNG export capacity is not yet fully online, but the country has already become the world’s third-largest exporter of the fuel. According to the latest data from the US Department of Energy’s (DoE) Office of Fossil Energy, exports of US LNG hit a new record high of 4.7bn cubic feet (133mn cubic metres) per day in May. However, the news comes amid warnings that future US LNG export growth will slow owing to the country’s trade war with China, which would otherwise be expected to be a major customer.

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