U.S. LNG Exports Hit Record 10.9 Million Tons in November

United States liquefied natural gas (LNG) exports reached an all-time monthly high of 10.9 million metric tonnes in November 2025. This follows a record-breaking October, marking two consecutive months of unprecedented shipments. The surge was primarily led by Cheniere Energy, which shipped 4.6 million metric tonnes, and Venture Global, which exported 3 million metric tonnes. The growth is attributed to cooler weather improving plant efficiency along the Gulf Coast and the production ramp-up at Venture Global's Plaquemines facility in Louisiana.

Europe served as the primary destination, receiving 70 percent of exports, while shipments to Asia declined to 1.75 million metric tonnes due to weak spot demand. European demand is partly driven by a strategy to purchase high energy volumes to persuade President Donald Trump to lower tariffs. This influx of supply pushed European gas prices to their lowest level in 18 months, dropping 45 percent from a February peak.

To sustain this growth, the Federal Energy Regulatory Commission is considering a blanket permit regime to replace individual project assessments, speeding the construction of energy infrastructure. This aligns with the Trump administration's energy dominance agenda, which integrates energy imports into trade deals with the European Union. While global supply increases, domestic natural gas prices have risen to $4.85 per mmBtu due to tightening supply and increased electricity demand from data centers. The Energy Information Administration forecasts that exports will grow by 10 percent in 2026.