Overview

• The expectation was outlined by Exxon LNG chief Peter Clarke in comments reported by the Financial Times and cited by Reuters.
• The European Union pledged in July to buy $750 billion of U.S. energy through 2028 as part of a new trade agreement with Washington.
• Clarke said Europe’s LNG imports rose about 20% year over year and estimated that 55% of those volumes came from the United States.
• Exxon says it sells roughly 80% of its LNG under long-term contracts and now views Europe as the most important market for U.S. exports.
• Eurostat data show the U.S. supplied about half of the EU’s LNG in 2024, and Exxon is preparing additional supply with its Golden Pass project with QatarEnergy, targeted to start in 2026.