Global LNG Exports Hit A Record High in Q1

Global exports of liquefied natural gas (LNG) reached a record high of 106.4 million tons in the first quarter of 2024, the Organization of Arab Petroleum Exporting Countries (OAPEC) said.

In the second quarter of the year, LNG exports dropped compared to the first quarter, to 98.6 million tons, according to an analysis of the organization cited by Shafaq News. The second-quarter global LNG exports were down by 0.4% compared to the same period of last year.

In the third quarter, LNG exports rebounded to 100.9 million tons, up by 2.5% compared to the third quarter of 2023, according to the analysis by OAPEC.

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Source: Oil Price

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