Port of Corpus Christi says 2021 LNG shipments up 81.2 percent

The US Port of Corpus Christi in Texas ended 2021 with record tonnage, boosted by a rise of 81.2 percent in LNG shipments.

According to a statement released last week, the port set a new annual tonnage record of 167.3 million tons, a 4 percent rise over 2020 which also marked a record.

LNG exports fueled much of the growth, reaching 15.7 million tons as the global energy markets continue to recover from the demand destruction brought by the Covid-19 pandemic last year, the port said.

LNG shipments increased as Cheniere ramped up production at its Corpus Christi liquefaction plant.

The Corpus Christi terminal currently consists of three operational trains with each having a capacity of about 5 million tonnes per annum.

Cheniere completed the first train in February 2019 followed by the second in August the same year, while Bechtel handed over operational control of the third train in March 2021.

Besides LNG shipments, the nation’s top oil exporting hub said crude oil exports averaged a record 1.76 million barrels per day in 2021, an increase of about 100,000 barrels per day over its 2020 record performance.

The Corpus Christi port hit an all-time high for crude oil exports in December, exceeding 60 million barrels in a month for the first time in its 100-year history.

Also, the port saw increases in break bulk cargo such as wind energy components, natural gas liquids, as well as refined products such as diesel and motor gasoline.

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

US DOE releases LNG export study

The Biden administration said in January it will pause pending decisions on exports of LNG to non-FTA countries until DOE can...

Cheniere’s Corpus Christi LNG expansion project to receive first gas

The US FERC said on Wednesday that it had granted Corpus Christi Liquefaction's request to introduce hydrocarbons to Train...

Corpus Christi LNG expansion project 73.2 percent complete

Cheniere’s Corpus Christi plant currently liquefies natural gas at three operational trains, each with a capacity of about 5...

Cheniere sets methane emissions target for its LNG terminals

US LNG exporting giant Cheniere said it had set a voluntary, measurement-informed scope 1 annual methane intensity target for...