US sharply increases LNG exports to Asia in May

US sharply increases LNG exports to Asia in May According to the US Energy Department, Asia's share of total US LNG exports rose to 41.3% in May, compared with 30.3% in AprilMOSCOW, July 23. /TASS/. The United States exported 502.8 bln cubic feet (14.2 bln cubic meters) of liquefied natural gas (LNG) in May 2026, according to the US Energy Department's monthly report. Europe remained the primary destination for US LNG exports, but shipments to Asia nearly matched European volumes amid the conflict in the Middle East. LNG exports in May were 6.5% lower than in April but 15.5% higher than in May 2025. A total of 158 LNG tankers were dispatched during the month. The main export destinations were the Netherlands (63.6 bln cubic feet, or 1.8 bln cubic meters), South Korea (49.5 bln cubic feet, or 1.4 bln cubic meters), Italy (46.7 bln cubic feet, or 1.32 bln cubic meters), Japan (42.5 bln cubic feet, or 1.2 bln cubic meters), and Egypt (36.2 bln cubic feet, or 1 bln cubic meters). These countries accounted for 47.5% of total US LNG exports. According to the report, Asia's share of total US LNG exports rose to 41.3% in May, compared with 30.3% in April. Shipments to Asia continued to increase amid the ongoing Middle East crisis and disruptions to LNG supplies from Qatar and the United Arab Emirates. Europe's share of US LNG exports declined to 46.1% in May. The remaining volumes were shipped to Latin America and Africa. In January-May 2026, the United States exported about 2.646 trillion cubic feet (74.9 bln cubic meters) of LNG, 22% more than in the same period of the previous year. The US exported 47.4 bln cubic meters of LNG to Europe (63% of total exports) and about 17.7 bln cubic meters to Asia (23.6% of total exports). As a result, shipments to Europe increased by 5% year-on-year, while exports to Asia surged by 72%. US LNG shipments to Africa increased 2.5-fold to 6.6 bln cubic meters. 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