The U.S. re-exported only one LNG cargo in February, according to U.S. DOE.
The cargo was shipped from Cheniere’s Sabine Pass terminal on February 21 onboard the Arctic Spirit, a 87,305 cbm tanker.
There are currently three U.S. LNG terminals that have been granted Federal approval to re-export LNG: Freeport in Texas, Sabine Pass and Cameron in Louisiana.
Re-exportation of LNG lets marketers and suppliers store gas, while waiting for price signals before delivering their LNG to the higher-paying markets in Asia, Europe, and South America.
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LNG World News Staff, April 3, 2012; Image: Cheniere