US LNG expansion bolsters Europe, but risks remain
The US continues to play an increasingly pivotal role in the LNG market, but short- and medium-term risks and uncertainties persist
The US is the world’s largest LNG exporter, and that liquefied gas has become a lifeline for Europe since the Ukraine invasion and the resulting slump in Russian pipeline flows. Europe has successfully and rapidly built up its regasification infrastructure, but risks persist for this coming heating season. And the US’ role in the LNG market will only grow in the coming years, although the exact pace of capacity expansion remains open to debate. "The US will max out its LNG export capacity this winter,” said Ira Joseph, senior research associate at the Center on Global Energy Policy at Columbia University, speaking at the recent Petroleum Economist webcast, ‘US LNG ambitions reforging the glo
![](/images/white-fade.png)
Also in this section
14 February 2025
The start of private LNG imports may trigger an evolution in the country’s policy of energy security to encompass commercial exploitation
13 February 2025
New supply from Argentina, Brazil and Guyana is rich in middle distillates, but optimism in terms of volume growth remains tempered by regulatory and technical risks as well as price volatility
12 February 2025
The oilfield expansion provides a fresh influx of revenue but will strain its cooperation with OPEC+ and fails to mask deeper issues with the economy and investors
11 February 2025
Improving compliance among the group and wider group is offset by production increases in outliers Libya, Venezuela and Iran