Qatar reclaims the crown from America as the largest exporter of liquefied natural gas in the world

Qatar has resumed exports to the world’s largest exporter of liquefied natural gas, from the United States, in one moment in which the end of winter reduced the demand for heating fuels in the Northern Hemisphere.

According to ship tracking data compiled by Bloomberg, Qatar’s refrigerated fuel exports in April exceeded 7.5 million tons, surpassing the United States.

Maintenance of Qatargas plants reduced the Middle Eastern country’s exports a month ago.

During the winter months, cooler temperatures, as well as Europe’s desire to reduce dependence on Russian energy, have increased the demand for natural gas and fuels.

As soon as the winter season ended, some US export terminals took advantage of the period of low demand and lower prices to carry out maintenance, which led to a reduction in production in the United States, according to “Bloomberg”.

The shale gas revolution, along with billions of dollars in investments in liquefaction plants, transformed the United States from a net importer of liquefied natural gas into the largest exporter in less than a decade.

Looking ahead, the United States and Qatar should join in a race to dominate the global LNG market. Once the Calcasieu Pass export terminal in Louisiana will be completed by the end of the year, the United States is expected to reach the maximum LNG production capacity of 13.9 billion cubic feet of natural gas per day.

Meanwhile, Qatar is planning a massive export project to be launched by the end of this decade, which could solidify its position as a major supplier.

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