Peru LNG terminal sent four cargoes in February

Peru LNG’s liquefaction plant at Pampa Melchorita has shipped four liquefied natural gas cargoes in February, one less shipment compared to the previous month.

According to the shipment data by state-owned Perupetro, during February the 4.4 mtpa LNG plant sent three shipments each to South Korea and one shipment to Japan.

The shipments loaded onboard the LNG carriers Maran Gas Hydra, Maran Gas Achilles, Maran Gas Roxana, and Malaga Knutsen equal about 301,227 tonnes, the data shows.

These four LNG cargoes loaded at the Peru LNG plant in February compare to five cargoes in February last year, while Peru LNG shipped five cargoes in January 2024.

The 135,423-cbm, Seapeak Madrid, also departed the Peru LNG plant on March 3, its AIS data shows.

Peru LNG increased its exports last year compared to the year before, and it also expects to boost the number of shipments in 2024.

The terminal loaded 55 vessels in 2023, compared to 51 vessels in 2022.

Peru LNG said that the main destinations in 2023 were United Kingdom and South Korea, and also Japan, China, Spain, France, Netherlands, and Canada.

It expects to load 60 vessels in 2024.

US-based Hunt Oil holds a 50 percent operating stake in the Pampa Melchorita LNG plant, while SK and Marubeni have 20 percent and 10 percent, respectively.

MidOcean Energy, the LNG unit of US-based energy investor EIG, recently agreed to purchase the 20 percent stake in Peru LNG from a unit of South Korean conglomerate SK.

LNG giant Shell also holds a 20 percent stake in Peru LNG and takes all the volumes produced at the facility.

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