On the last trading day of 2024, U.S. natural gas demand from liquefied natural gas (LNG) export plants surged to an unprecedented 15.2 billion cubic feet per day (bcf), according to LSEG data. This milestone underscores the growing importance of LNG in global energy markets and hints at further demand increases in 2025.
Key Drivers of Increased Demand

New LNG Facilities:

Venture Global LNG’s Plaquemines Plant in Louisiana (20 MTPA capacity).
Cheniere Energy’s Corpus Christi Stage 3 Expansion in Texas.Both facilities are slated to raise daily demand to 17.8 bcf in 2025 as they come fully online.

Global Energy Needs:

The U.S., as the largest exporter of LNG, is critical in supplying Europe and Asia, especially during colder months.
The first shipment from Venture Global’s Plaquemines plant to Germany highlights U.S. LNG’s role in energy security for Europe.

Market Impact:

Natural gas prices at Henry Hub climbed 48 cents, reaching $3.94 per million cubic feet (mcf) on Tuesday, signaling upward price pressure from growing demand.

Future Outlook
The expansion of U.S. LNG processing capacity signals a robust year ahead, with higher production expected to meet both domestic and international demand. Seasonal efficiency and continued growth in global energy needs will likely sustain this momentum.