Five LNG Cargoes Re-Exported in January-October (USA)

The U.S. re-exported five LNG cargoes in January-October period, according to U.S. DOE.

The country re-exported one LNG cargo in October to Brazil from the Freeport LNG terminal, onboard the Wilgas LNG tanker, DOE revealed in its monthly report for LNG imports.

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, December 4, 2012; Image: Freeport LNG