US LNG developers hit 5-years SPA peak amid Mideast supply crunch

Tuesday, 10 March 2026

LNG developers in the United States have secured 40 mtpa of LNG offtake from planned export projects in 2025, their strongest commercial year since 2022. Port Arthur LNG Phase 2 led the pack with 1.4 Bcf/d contracts, and Asian and European buyers keep coming for more amid Qatar’s export suspension.


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