U.S. liquefied natural gas (LNG) growth outpaced all other supply additions across the world last year by a wide margin, according to an annual report released by the International Group of LNG Importers (GIIGNL) this week. 

LNG

U.S. exports reached 67 million tons (Mt) in 2021, up by 49.8% or 22.3 Mt from the prior year. All other global supply additions were just 16.2 Mt last year, GIIGNL said. 

New supply was also added, but to a much lesser extent in various countries, including Egypt (5.2 Mt), Algeria (1.2 Mt), Malaysia (1.1 Mt) and Australia (0.8 Mt). U.S. liquefaction also expanded as supply from Nigeria fell by 4.1 Mt on maintenance issues. Trinidad and Tobago’s exports dropped by 3.9 Mt due to a lack of feed gas, while Norway’s exports fell by 2.9 Mt due to delays in...