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The DOE LNG monthly report shows that US terminals shipped 78.9 Bcf to the Netherlands (18.1 percent), 52 Bcf to France (11.9 percent), 32 Bcf to Italy (7.4 percent), 29.2 Bcf to Germany (6.7 percent), and 27.4 Bcf to Egypt (6.3 percent) in May.
These five countries took 50.4 percent of total US LNG exports in May
Spain was the top destination for US LNG supplies in April, France was the top destination for US LNG supplies in March, while LNG import terminals in Turkiye and the UK were the top destinations for US LNG cargoes in January and February 2025.
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.
May LNG exports up
The DOE report shows that the US exported 436 Bcf of LNG to 34 countries in May, up 18.6 percent from the same month in 2024 and a drop of 2.7 percent compared to the prior month.
In September 2024, Europe again became the preferred destination for US LNG cargoes over Asia, and this remained the case to date.
Europe received 278.7 Bcf (63.9 percent), Asia 103.2 Bcf (23.7 percent), Africa 27.4 Bcf (6.3 percent), and Latin America/Caribbean 26.7 Bcf (6.1 percent) in May.
DOE said that 88.7 percent of total LNG exports went to non-free trade agreement countries, while the remaining 11.3 percent went to free trade agreement countries.
Moreover, US terminals shipped 138 LNG cargoes in May, the same number of cargoes compared to the previous month.
Cheniere’s Sabine Pass plant sent 39 cargoes, and its Corpus Christi terminal shipped 18 cargoes, while the Freeport LNG terminal shipped 23 cargoes.
Venture Global’s Plaquemines plant shipped 17 cargoes, and its Calcasieu plant sent 15 cargoes, while Sempra’s Cameron LNG terminal sent 13 cargoes.
The Cove Point LNG terminal dispatched eight shipments, and the Elba Island plant also shipped three cargoes during the month under review.
In addition, DOE noted that NFE’s Altamira LNG terminal in Mexico shipped two cargoes in May. This project receives feed gas from the US and Mexico.
Average price at 7.14/MMBtu
According to DOE’s report, the average price by export terminal reached 7.14/MMBtu in May.
This compares to 5.42/MMBtu in May 2024 and 8.13/MMBtu in April 2025.
The most expensive average price in May came from Venture Global’s Plaquemines LNG terminal, and it reached $10.79/MMBtu, followed by Cove Point with $7.20/MMBtu.
Prices at other facilities ranged between $4.18/MMBtu (Elba Island) to $7.07/MMBtu (Corpus Christi LNG), the data shows.
7733 cargoes
The report said that from February 2016 through May 2025, the US exported 7733 cargoes or 24,475.2 Bcf to 44 countries.
The DOE data shows that South Korea remains the top destination for US LNG, with 695 cargoes, followed by France with 649 cargoes, the Netherlands with 602 cargoes, Japan with 581 cargoes, and the UK with 566 cargoes.
In addition to these five countries, Spain, China, Turkiye, India, and Italy are in the top ten.