Peru LNG terminal shipped five cargoes in May

According to shipment data by state-owned Perupetro, during May, the 4.4 mtpa LNG plant sent two shipments each to Spain and South Korea and one to the Netherlands.

The shipments loaded onboard the LNG carriers Myrina, Maran Gas Chios, Orion Bohemia, GasLog Greece, and Maran Gas Roxana equal about 329,429 tonnes, the data shows.

Besides these vessels, the LNG carrier Nantes Knutsen was located at the Peru LNG plant on Tuesday, according to its AIS data provided by VesselsValue.

These five LNG cargoes, which were loaded at the Peru LNG plant last month, compare to three LNG cargoes in April this year and five cargoes in May 2024.

A spokesman for operator Hunt Oil told LNG Prime last month that there were three shipments in April.

“The reason for the low number in April was that there were restrictions on the transportation system that forced the plant to shut down, and Peru LNG used that time to make some repairs,” he said.

“The number of shipments to date this year now totals 17, and Peru LNG plans to meet its goals set for the year,” the spokesman said.

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.