New production capacity was put into operation in North America, and global liquefied natural gas exports in 2025 may see the biggest increase in three years. Shipping data monitoring agency Clapper estimates that global liquefied natural gas exports increased 4% year on year to 429 million tons in 2025; data shows that this is also the biggest annual increase since exports surged 4.5% year on year in 2022. This increase was mainly due to a decline in production capacity in the Canadian LNG project and the US Plakmins LNG project. The United States is stabilizing its position as a major exporter of liquefied natural gas. This year, the country's liquefied natural gas exports crossed the 100 million ton mark for the first time. It is expected that the US will continue to increase production capacity in the future, doubling production capacity by the end of this decade, thereby further boosting exports. This trend is likely to lower gas prices in Asia and Europe. Currently, gas prices in Asia are close to the lowest point in the year, and European gas futures prices have dropped by more than 40% compared to the beginning of the year. Additional production capacity may also further boost market demand for cryogenic liquefied natural gas carriers. Last month, due to a surge in supply, demand for carriers rose, and transatlantic liquefied natural gas transportation costs hit a new high of nearly two years.

New production capacity was put into operation in North America, and global liquefied natural gas exports in 2025 may see the biggest increase in three years. Shipping data monitoring agency Clapper estimates that global liquefied natural gas exports increased 4% year on year to 429 million tons in 2025; data shows that this is also the biggest annual increase since exports surged 4.5% year on year in 2022. This increase was mainly due to a decline in production capacity in the Canadian LNG project and the US Plakmins LNG project. The United States is stabilizing its position as a major exporter of liquefied natural gas. This year, the country's liquefied natural gas exports crossed the 100 million ton mark for the first time. It is expected that the US will continue to increase production capacity in the future, doubling production capacity by the end of this decade, thereby further boosting exports. This trend is likely to lower gas prices in Asia and Europe. Currently, gas prices in Asia are close to the lowest point in the year, and European gas futures prices have dropped by more than 40% compared to the beginning of the year. Additional production capacity may also further boost market demand for cryogenic liquefied natural gas carriers. Last month, due to a surge in supply, demand for carriers rose, and transatlantic liquefied natural gas transportation costs hit a new high of nearly two years.