The U.S. exported a record amount of LNG to Europe in early 2025

U.S. LNG exports to Europe reached record highs in both January and February 2025. In the first two months of the year, 65% of all U.S. LNG shipments went to the EU or UK, up from an average of 48% in 2024. U.S. LNG flows to Europe could remain elevated as the region rebuilds natural gas inventories ahead of winter and as new U.S. LNG export capacity ramps up. Europe’s natural gas inventories ended the winter at 33% full, significantly lower than in the past two winters, when inventories were more than 55% full.