U.S. exports of LNG to the Caribbean near record highs in 2025

Data source: U.S. Energy Information Administration, Vortexa Analytics, trade press reports
Note: LNG=liquefied natural gas; MMcf/d=million cubic feet per day

The United States exported approximately 0.3 billion cubic feet per day (Bcf/d) of liquefied natural gas (LNG) to destinations in the Caribbean in 2025, the second-highest volume since the first LNG cargo departed Sabine Pass in 2016, according to the U.S. Department of Energy’s LNG Exports and Re-Exports Details.

Large-scale LNG regasification capacity in the Caribbean is concentrated in the Dominican Republic, Jamaica, and Panama. Antigua and Barbuda, Barbados, Haiti, and Trinidad and Tobago do not have any large-scale regasification capacity and import very small volumes (<0.1 Bcf/d combined) of LNG using ISO containers, which can be received at any port using standard container handling equipment. However, ISO shipments are costly compared with large-scale vessel-borne imports.

The Dominican Republic, Jamaica, and Panama imported approximately 0.4 Bcf/d of LNG from the United States in 2024, up nearly 32% from 2023, according to data from the International Group of Liquefied Natural Gas Importers (GIIGNL). U.S.-origin cargoes supplied 85% of all LNG volumes imported by the three nations, up from a 69% share in 2023 and the highest-ever import volume of U.S.-origin LNG into those countries. Total LNG imports into these three countries from all sources also reached a record of approximately 0.4 Bcf/d in 2024, up nearly 6% from 2023.

Data source: U.S. Energy Information Administration, International Group of Liquefied Natural Gas Importers (GIIGNL)
Note: Volumes may not be equal due to rounding.

The Dominican Republic, Jamaica, and Panama collectively had a nominal regasification capacity of approximately 1.3 Bcf/d in 2025, according to data from GIIGNL. The Dominican Republic has two currently operating regasification terminals with a combined 0.7 Bcf/d of capacity: the Andres onshore regasification terminal, which began operating in 2003, and the Manzanillo floating storage regasification unit (FSRU), which began operating in 2025 under a three-year charter agreement. A second onshore regasification unit at the Manzanillo LNG terminal is under construction and is scheduled to begin operating in 2027 before the charter agreement expires. Jamaica has two regasification terminals totaling around 0.4 Bcf/d of capacity: the onshore regasification terminal in Montego Bay and an FSRU at the Old Harbour terminal. The Costa Norte LNG terminal is Panama’s sole regasification terminal and has a capacity of approximately 0.2 Bcf/d.

Two other regasification terminals outside of the countries above, the Puerto Cortes FSRU and onshore regasification terminal in Honduras and the Nassau Mini LNG regasification terminal in the Bahamas are currently under construction and are expected to be completed by the end of Q1 2026 and December 2026, respectively.

Puerto Rico, a U.S. territory, also has large-scale LNG regasification capacity. The United States first shipped LNG from the mainland to Puerto Rico in March 2025, and shipments remain limited due to Jones Act restrictions. Puerto Rico received 43 total LNG tanker shipments from all sources in 2025, of which 12 tankers departed from U.S. mainland ports, according to data from Vortexa.