Turkish, UK terminals remain top destinations for US LNG

The DOE LNG monthly report shows that US terminals shipped 73.3 Bcf to Turkiye (17.9 percent), 68.7 Bcf to the UK (16.8 percent), 64.4 Bcf to France (15.7 percent), 24.8 Bcf to the Netherlands (6.1 percent), and 20.7 Bcf to Italy (5.1 percent) in February.

These five countries took 61.6 percent of total US LNG exports in February.

LNG import terminals in Turkiye and the UK were the top destinations for US LNG cargoes in January 2025, December and November 2024, France was the top destination for US LNG supplies in October, while the Netherlands was the top destination for US LNG cargoes in September.

DOE’s data previously showed that the Netherlands was the top destination for US LNG supplies in 2024 with 463.8 Bcf or 139 cargoes, down by 21 percent year-on-year, while France took 354.8 Bcf or 108 cargoes, down by 28 percent year-on-year.

February LNG exports rise

The DOE report shows that the US exported 409.2 Bcf of LNG to 29 countries in February, up 14 percent from the same month in 2024 and a drop of 1.4 percent compared to the prior month.

In September 2024, Europe again became the preferred destination for US LNG cargoes, and this remained the case in the following months.

Europe received 329.6 Bcf (80.5 percent), Asia 39.9 Bcf (9.8 percent), Latin America/Caribbean 25.7 Bcf (6.3 percent), and Africa 13.9 Bcf (3.4 percent), in February.

DOE said that 92 percent of total LNG exports went to non-free trade agreement countries, while the remaining 8 percent went to free trade agreement countries.

Moreover, US terminals shipped 128 LNG cargoes in February, down from 131 cargoes in January.

Cheniere’s Sabine Pass plant sent 35 cargoes, and its Corpus Christi terminal shipped 21 cargoes, while Sempra’s Cameron LNG plant shipped 20 cargoes.

The Freeport LNG terminal sent 19 cargoes, Venture Global’s Calcasieu plant sent 11 cargoes, and its Plaquemines plant sent nine cargoes, while the Cove Point LNG terminal also dispatched nine shipments,

The Elba Island plant shipped three cargoes during the month under review.

Also, the DOE noted that NFE’s Altamira LNG terminal in Mexico shipped one cargo in February. This project receives feed gas from the US and Mexico.

Average price at 8.11/MMBtu

According to DOE’s report, the average price by export terminal reached 8.11/MMBtu in February.

This compares to 6.31/MMBtu in February 2024, while the average price was 8.19/MMBtu in January 2025.

The most expensive average price in February came from Venture Global’s Calcasieu Pass terminal, and it reached $12.80/MMBtu, followed by Plaquemines LNG with $11.28/MMBtu.

Prices at other facilities ranged between $4.17/MMBtu (Elba Island) to $8.35/MMBtu (Freeport LNG), the data shows.

7324 cargoes

The report said that from February 2016 through February 2025, the US exported 7324 cargoes or 23,126.0 Bcf to 43 countries.

The DOE data shows that South Korea remains the top destination for US LNG, with 672 cargoes, followed by France with 599 cargoes, Japan with 561 cargoes, the Netherlands with 546 cargoes, and the UK with 550 cargoes.

The UK took more cargoes than the Netherlands but fewer volumes.

In addition to these five countries, Spain, China, Turkiye, India, and Brazil are in the top ten.