Egypt was top destination for US LNG cargoes in July

Egypt was the top destination for US liquefied natural gas cargoes in July, according to the Department of Energy’s LNG monthly report.

The DOE LNG monthly report shows that US terminals shipped 61 Bcf to Egypt (14 percent), 53.8 Bcf to the Netherlands (12.4 percent), 39 Bcf to Spain (9 percent), 35.5 Bcf to Germany (8.1 percent), and 24.6 Bcf to Italy (5.6 percent) in July.

These five countries took 49.1 percent of total US LNG exports in July.

This is the first time Egypt has been the top destination in DOE’s LNG monthly reports.

Egypt shifted from being an LNG exporter to an importer early last year due to declining domestic gas production and rising demand for cooling amid multiple heatwaves.

EGAS is deploying chartered FSRUs to meet soaring gas demand for cooling and avoid power outages.

Before this, the Netherlands was the top destination for US LNG supplies in June and May, Spain was the top destination in April, France was the top destination in March, while LNG import terminals in Turkiye and the UK were the top destinations for US LNG cargoes in January and February 2025.

DOE’s data previously showed that the Netherlands was the top destination for US LNG supplies in 2024 with 463.8 Bcf or 139 cargoes, down by 21 percent year-on-year, while France took 354.8 Bcf or 108 cargoes, down by 28 percent year-on-year.

July LNG exports up

The DOE report shows that the US exported 435.8 Bcf of LNG to 36 countries in July, up 34.6 percent from the same month in 2024 and a rise of 7.4 percent compared to the prior month.

In September 2024, Europe again became the preferred destination for US LNG cargoes over Asia, and this remained the case to date.

Europe received 237.5 Bcf (54.5 percent), Asia 93.5 Bcf (21.5 percent), Africa 63.4 Bcf (14.6 percent), and Latin America/Caribbean 41.4 Bcf (9.5 percent) in July.

DOE said that 90.5 percent of total LNG exports went to non-free trade agreement countries, while the remaining 9.5 percent went to free trade agreement countries.

Moreover, US terminals shipped 138 LNG cargoes in July, a rise compared to 130 LNG cargoes in June.

Cheniere’s Sabine Pass plant sent 34 cargoes, and its Corpus Christi terminal shipped 21 cargoes, while the Freeport LNG terminal also shipped 21 cargoes.

Venture Global’s Plaquemines plant shipped 20 cargoes, and its Calcasieu plant sent 13 cargoes, while Sempra’s Cameron LNG terminal sent 20 cargoes.

The Cove Point LNG terminal dispatched seven shipments, and the Elba Island plant shipped one cargo during the month under review.

In addition, DOE noted that NFE’s Altamira LNG terminal in Mexico shipped one cargo in July. This project receives feed gas from the US and Mexico.

Average price at 7.32/MMBtu

According to DOE’s report, the average price by export terminal reached 7.32/MMBtu in July.

This compares to 6.47/MMBtu in July 2024 and 7.33/MMBtu in June 2025.

The most expensive average price in July came from Venture Global’s Plaquemines LNG terminal, and it reached $10.51/MMBtu.

Prices at other facilities ranged between $7.38/MMBtu (Freeport LNG) to $3.91/MMBtu (Elba Island), the data shows.

Over 8,000 cargoes

The report said that from February 2016 through July 2025, the US exported 8,001 cargoes or 25,308.7 Bcf to 44 countries.

The DOE data shows that South Korea remains the top destination for US LNG, with 707 cargoes, followed by the Netherlands with 635 cargoes, France with 661 cargoes, Japan with 591 cargoes, and the UK with 569 cargoes.

France took more cargoes but fewer volumes than the Netherlands.

In addition to these five countries, Spain, China, India, Turkiye, and Italy are in the top ten.

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