U.S. LNG Exports Hit Record High in March, with Strength Expected to Persist Through Summer

U.S. liquefied natural gas (LNG) exports hit a record high in March of 6.64 million tons (Mt), according to market research firm Kpler, capping a volatile winter in which brutally cold weather across the northern hemisphere both increased demand and disrupted operations. 

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Kpler said U.S. exports in March finished 2.26 Mt higher than February, when an Arctic blast hit the Gulf Coast upending shipping, liquefaction and upstream operations that cut into cargo loadings. March offtake was 1.54 Mt higher than the year-ago period. 

The firm said last month’s exports were also on par with Qatar (7.12 Mt) and Australia (7.41 Mt), the world’s top two LNG exporters, respectively. 

The third train at Cheniere Energy Inc.’s Corpus Christi LNG export terminal in South Texas,...