Four LNG Cargoes Re-Exported in January-June (USA)

Four LNG Cargoes Re-Exported in January-June (USA)

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

The country also exported one LNG cargo on June 17 from the Kenai LNG plant in Alaska, according to DOE.

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.

[mappress]

LNG World News Staff, August 3, 2012; Image: Conoco