financetom
Business
financetom
/
Business
/
US becomes first country to export 10 million tonnes of LNG in single month
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US becomes first country to export 10 million tonnes of LNG in single month
Nov 4, 2025 5:45 AM

(This Nov 3 story has been republished to remove an image, with no changes to text)

By Curtis Williams

HOUSTON (Reuters) -The U.S. has become the first country to export 10 million metric tonnes (mmt) of liquefied natural gas in a single month, according to preliminary data from financial firm LSEG.

The U.S. exported a record 10.1 mmt of the liquid fuel in October, up from a revised figure of 9.1 mmt in September, LSEG data showed.

Already the world's largest LNG exporter, the U.S. has been ramping up sales with four record-setting months in 2025. The surge was led by the start-up of Venture Global's ( VG ) Plaquemines export plant and the ramp-up of Cheniere's Corpus Christi Stage 3 project, the data showed.

The Plaquemines facility, located in Louisiana, sold 2.2 mmt last month, surpassing its previous high of 1.6 mmt in September, the data showed.

Cheniere's Corpus Christi export facility exported 1.6 mmt, also a record for the plant. With Sabine Pass exporting 2.6 mmt in October, the company sold a combined 4.2 mmt, or 42% of all of the LNG exported by the U.S.

When completed, the Corpus Christi Stage 3 operation will allow Cheniere to export more than 50 million metric tonnes per year starting in 2026, CEO Jack Fusco said in a recent earnings call.

Venture Global ( VG ) and Cheniere were responsible for 72% of the country's total exports in October, LSEG data showed.

EUROPE IS THE BIGGEST CUSTOMER

Europe remained the prime destination for U.S. LNG, with 6.9 mmt, or nearly 69% of total exports, heading to the continent last month. That figure compares with 6.22 mmt in September, as Europe continued to fill storage ahead of the winter, LSEG ship tracking data showed.

U.S. LNG exports to Asia last month stood at 1.96 mmt compared to 1.63 mmt in September, the ship tracking data showed.

U.S. LNG exports to Latin America fell in October to 0.57 mmt, down from September's 0.63 mmt, as the South American continent prepares to enter warmer summer months, LSEG ship-tracking data show.

Egypt, meanwhile, bought five cargoes for a total of 0.43 mmt, less than the 0.5 mmt it purchased in September, the data showed.

There were two cargoes that went to Senegal for a total of 0.1 mmt, and two that were seeking orders from customers for another 0.1 mmt, according to LSEG ship-tracking data.

In October, gas traded at $10.88 per million British thermal units at the European benchmark Dutch Title Transfer Facility, down from $11.13 in September. At the Japan Korea Marker benchmark in Asia, October's average price was $11.11, compared to $11.32 in September.

The TTF and JKM prices were so close that they provided little incentive for U.S. LNG exporters to shift from selling to the European market to the more distant Asian market.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
J&J, Bristol Myers lose challenges to US drug price negotiation program
J&J, Bristol Myers lose challenges to US drug price negotiation program
Apr 29, 2024
April 29 (Reuters) - A U.S. judge on Monday rejected a challenge by Bristol Myers Squibb ( BMY ) and Johnson & Johnson ( JNJ ) to a law requiring them to negotiate the prices of their blockbuster blood clot prevention drugs with the U.S government's Medicare health insurance program or pay heavy penalties. U.S. District Judge Zahid Quraishi in...
Salesforce Insider Sold Shares Worth $4,126,113, According to a Recent SEC Filing
Salesforce Insider Sold Shares Worth $4,126,113, According to a Recent SEC Filing
Apr 29, 2024
05:48 PM EDT, 04/29/2024 (MT Newswires) -- Marc Benioff, Director, Chair and CEO, on April 26, 2024, sold 15,000 shares in Salesforce ( CRM ) for $4,126,113. Following the Form 4 filing with the SEC, Benioff has control over a total of 22,752,327 shares of the company, with 12,752,327 shares held directly and 10,000,000 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1108524/000112760224013596/xslF345X03/form4.xml ...
CVR Partners Q1 Earnings, Sales Decline
CVR Partners Q1 Earnings, Sales Decline
Apr 29, 2024
05:48 PM EDT, 04/29/2024 (MT Newswires) -- CVR Partners ( UAN ) reported Q1 earnings late Monday of $1.19 per diluted common unit, down from $9.64 a year earlier. Net sales for the quarter that ended March 31 was $127.7 million, down from $226.3 million a year earlier. No analyst estimates were available on Capital IQ for comparison. Shares of...
German American Bancorp Q1 Net Income, Revenue Fall
German American Bancorp Q1 Net Income, Revenue Fall
Apr 29, 2024
05:48 PM EDT, 04/29/2024 (MT Newswires) -- German American Bancorp ( GABC ) reported Q1 net income late Monday of $0.64 per diluted share, down from $0.71 per share a year earlier. Four analysts polled by Capital IQ expected $0.64. Revenue, expressed as the sum of net interest income and total noninterest income, for the quarter ended March 31 fell...
Copyright 2023-2026 - www.financetom.com All Rights Reserved