Global liquefied natural gas (LNG) supplies are expected to rise by 43 million metric tons/year (mmty) this summer with the United States in the lead, according to Goldman Sachs Group Inc.

The investment bank’s analysts projected domestic LNG exports could grow by 35 mmty this summer from 2020 levels, as flows normalize. By comparison, leading LNG exporters Qatar and Australia are each expected to expand their takeaway by less than 5 mmty, according to analysts at Goldman Sachs Commodities Research led by Samantha Dart.

U.S. LNG exporters are ramping up output, with several producers operating above nameplate capacity. In a recent note, EBW Analytics Group said domestic feed gas demand has averaged 11.6 Bcf/d over the past three weeks, 2.7 Bcf/d higher than a year ago and...