France was the top destination for US LNG exports in September as Europe continues to receive most of the volumes produced at US liquefaction terminals.
According to the Department of Energy’s newest LNG monthly report, US terminals have sent 57.9 Bcf of LNG to France in September, followed by the United Kingdom (48.0 Bcf), the Netherlands (30.9 Bcf), Spain (24.7 Bcf), and South Korea (19.7 Bcf).
These five countries took 61.4 percent of total US LNG exports in September.
In August, the Netherlands became the top destination for US LNG exports. Prior to that, France was the top destination for US LNG exports for five straight months.
US LNG exports up by 3.7 percent
The US has exported in total 295.1 Bcf of LNG in September, down by 1.6 percent compared to the prior month but up 3.7 percent compared to September 2021, the DOE report shows.
US terminals shipped 98 LNG cargoes in September, compared to 99 in August and 94 in September 2021, according to the report.
Cheniere’s Sabine Pass plant sent 33 cargoes while its Corpus Christi terminal shipped 20 cargoes in September.
In addition, Cameron dispatched 33 shipments, followed by Cove Point with eight cargoes, and Elba Island with four shipments.
Freeport LNG did not ship any cargoes due to an incident at the facility that took place on June 8.
South Korea, Japan, Spain
According to DOE’s report, the weighted average price by export terminal reached 16.09/MMBtu in September.
Moreover, the report said that in the period from February 2016 through September 2022, the US has exported 3,856 cargoes or 12,648.2 Bcf to 42 countries.
South Korea remains the top destination for US LNG with 467 cargoes, followed by Japan with 342 cargoes, Spain with 300 cargoes, and China with 270 cargoes.
Besides these four countries, France, the UK, the Netherlands, Brazil, India, and Mexico, are in the top ten as well.