Peru LNG sent four cargoes in August

According to shipment data by state-owned Perupetro, during August, the 4.4 mtpa LNG plant sent two shipments to Mexico, and one shipment each to Canada and France.

The shipments loaded onboard the LNG carriers Megara, Maran Gas Agamemnon, Ferrol Knutsen, and Sevilla Knutsen equal about 270,402 tonnes, the data shows.

Besides these vessels, the LNG carrier Paris Knutsen left the Peru LNG plant on September 1, and the LNG carrier Ferrol Knutsen left the plant on September 7.

These four LNG cargoes, which were loaded at the Peru LNG plant last month, compare to five LNG cargoes in July this year and four cargoes in August 2024.

Peru LNG previously said it expects to load 60 cargoes equivalent to 218 TBtus (trillion British thermal units) in 2025.

There were 57 vessels equivalent to 205 TBtus in 2024. This is some 3.98 million tons of LNG.

In 2023, Peru LNG loaded 55 vessels. This equals 190.3 TBtu or about 3.69 million tons of LNG, a rise from 51 vessels or 179.05 TBtus in 2022.

LNG giant Shell holds 20 percent in Peru LNG and offtakes all the volumes.

US-based Hunt operates the LNG plant with a 35 percent stake, while Japan’s Marubeni has 10 percent in the LNG terminal operator.

Last year, MidOcean Energy, the LNG unit of US-based energy investor EIG, completed the purchase of an additional 15 percent interest in Peru LNG from Hunt Oil.

MidOcean’s interest in Peru LNG now stands at 35 percent.