France and Spain continue to be top importers of US LNG

France was the top destination for US LNG exports for the second straight month in April, as Europe continues to receive most of the volumes produced at US liquefaction terminals, according to a report by the Department of Energy.

DOE said in its newest LNG monthly report that US terminals have sent 56.3 Bcf of LNG to France in April, followed by Spain (40.3 Bcf), United Kingdom (36.3 Bcf), Netherlands (28.4 Bcf), and Poland (17.3 Bcf).

These five countries took 54.1 percent of total US LNG exports in April.

In its March report, DOE said that France took 64.4 Bcf of LNG, followed by Spain with 59.2 Bcf, and the UK with 56.8 Bcf.

The US has exported in total 330 Bcf of LNG in April, down by 9.2 percent compared to the prior month and a 7.7 percent rise year-on-year, the DOE report shows.

US terminals shipped 107 LNG cargoes in April, compared to 114 in March and 92 in April 2021.

Cheniere’s Sabine Pass plant sent 39 cargoes while its Corpus Christi terminal shipped 17 cargoes in April.

In addition, Cameron sent 25 cargoes and Freeport dispatched 15 shipments, followed by Cove Point with eight cargoes, and Elba Island with three.

According to the report, the weighted average price by export terminal reached 9.94/MMBtu in April.

Moreover, the report said that in the period from February 2016 through April 2022, the US has exported 3,447 cargoes or 11,097 Bcf to 42 countries.

South Korea remains the top destination for US LNG with 435 cargoes, followed by Japan with 318 cargoes, and China with 263 cargoes.

Besides these three countries, Spain, the UK, France, Brazil, India, Mexico, Turkey, are in the top ten as well.

Most Popular

Venture Global’s Plaquemines LNG terminal achieves first production

Venture Global announced on Friday it had reached first LNG production at the company’s second facility, Plaquemines LNG, in...

Spot LNG rates remain weak

“Spark30S rates rose for a fourth consecutive week, increasing marginally by $750 to $23,500 per day,” Qasim Afghan, Spark’s commercial...

Swan Energy, Nebula’s AG&P LNG plan Indian JV

Swan Energy said on Friday it had signed a heads of agreement with AG&P Terminals &Logistics (Singapore). The two firms...

More News Like This

Spot LNG rates remain weak

“Spark30S rates rose for a fourth consecutive week, increasing marginally by $750 to $23,500 per day,” Qasim Afghan, Spark’s commercial...

France was top destination for US LNG supplies in October

The DOE report shows that US terminals shipped 43.1 Bcf to France (11.5 percent), 30 to Bcf Japan (8...

US weekly LNG exports reach 25 cargoes

The agency said in its weekly report, citing shipping data provided by Bloomberg Finance, that the total capacity of...

GECF: global LNG imports down in November

In November, global LNG imports decreased by 1.20 Mt y-o-y to 34 Mt, Doha-based GECF said. GECF said this represents...