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Follow-up – WAA
Data from the US Statistical Service showed that US LNG export revenues to the European Union fell to their lowest level since 2021..
According to an economic analysis based on data from the US Statistical Service, in July, US companies’ revenues from LNG exports to the EU fell by 15% on a monthly basis and 36% on an annual basis – to $791.4 million, the lowest value since November 2021..
The main reason for this decline is that supply volumes fell by 18% compared to June and by a third compared to last year, so the EU accounted for only a third of US exports in mid-summer compared to about 38.4% in June and 49% in July of last year..
Source: Agencies