USA: Three LNG Cargoes Exported This Year

USA: Three LNG Cargoes Exported This Year

The U.S. exported three LNG cargoes this year, according to U.S. DOE.

The country exports LNG from the ConocoPhillips-operated LNG terminal in Kenai, Alaska.

Kenai LNG terminal shipped a cargo of LNG to Japan’s Kansai Electric on August 16, according to DOE.

In 2012, U.S. re-exported four LNG cargoes. Two of the cargoes were shipped from the Sabine Pass terminal and two from Freeport LNG terminal.

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, October 9, 2012; Image: Conoco