UK continues to be main destination for US LNG

The UK was the top destination for US liquefied natural gas supplies for the sixth month in a row in April, according to the Department of Energy’s newest LNG monthly report.

The report shows that US terminals shipped 75.8 Bcf of LNG to the UK in April, 60.2 Bcf to the Netherlands, 53.2 Bcf to France, 24.7 Bcf to South Korea, and 17.4 Bcf to Italy.

These five countries took 61.8 percent of total US LNG exports in April.

US terminals sent 70.5 Bcf of LNG to the UK in March, 71.7 Bcf of LNG in February, 63 Bcf of LNG in January, 69.3 Bcf of LNG in December, and 82.8 Bcf of LNG in November.

US LNG exports rise 13.4 percent

The US exported in total 374.4 Bcf of LNG in April, up by 13.4 percent compared to the same month last year and a rise of 2.2 percent from the prior month, the DOE report shows.

US terminals shipped 111 LNG cargoes in April, compared to 107 cargoes in April 2022 and 121 cargoes in March this year, according to the report.

Cheniere’s Sabine Pass plant sent 39 cargoes, while its Corpus Christi terminal shipped 16 cargoes in April.

In addition, Cameron LNG dispatched 29 shipments, Freeport LNG sent 18 cargoes, Cove Point LNG sent 7 cargoes, and Elba Island LNG dispatched 2 shipments.

4690 LNG cargoes

According to DOE’s report, the weighted average price by export terminal reached 6.60/MMBtu in April.

Moreover, the report said that in the period from February 2016 through April 2023, the US exported 4690 cargoes or 15,004.3 Bcf to 44 countries.

South Korea remains the top destination for US LNG with 520 cargoes, followed by Japan with 384 cargoes, the UK with 383 cargoes, Spain with 367 cargoes, and France with 345 cargoes.

Besides these five countries, China, the Netherlands, India, Turkey, and Brazil are in the top ten as well.

Most Popular

Venture Global’s Plaquemines LNG wraps up $4 billion notes offering

Venture Global's unit Plaquemines LNG has closed a $4 billion offering of senior secured notes.

Shell’s LNG Canada to ship second cargo

Shell-led LNG Canada is expected to soon ship the second cargo of liquefied natural gas from the Kitimat facility on the west coast of Canada, according to shipping data.

Mozambique LNG contract goes to Daewoo E&C

South Korea’s Daewoo Engineering & Construction has won a contract for the Total-led $20 billion Mozambique LNG project in...

More News Like This

Spot LNG shipping rates dropped this week

Spot charter rates for the global liquefied natural gas (LNG) carrier fleet and European prices decreased this week compared to the previous week.

Golden Pass LNG seeks re-export approval

Golden Pass LNG, a joint venture owned by energy giants QatarEnergy and ExxonMobil, is seeking approval from the US DOE to export previously imported LNG from October, as it nears the launch of the first liquefaction train.

Ukraine’s Naftogaz to get another US LNG cargo from Orlen

Poland's Orlen will supply another US LNG cargo to Ukraine's Naftogaz, the fourth shipment as part of a deal signed earlier this year.

Atlantic LNG shipping rates down, Pacific rates up

Atlantic spot LNG shipping rates decreased to $48,750 per day this week, while Pacific rates rose compared to the week before.