US liquefied natural gas (LNG) plants shipped 29 cargoes during the week ending May 28. According to the Energy Information Administration, pipeline deliveries to the LNG terminals remained unchanged compared to the prior week.
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US FSRU player Excelerate Energy confirmed that it has signed a seven-year charter agreement with a unit of Canadian firm Frontera Energy to deploy its FSRU to a new LNG import terminal under development in Colombia. Excellerate also confirmed that it purchased a TFDE LNG carrier to convert it to an FSRU.
Belgium’s Exmar has signed a seven-year charter for the 2006-built LNG carrier Simaisma. The vessel will be modified to serve as a floating transshipment unit (FTU) for the LNG bunkering market.
US LNG exporting giant Cheniere reported an 88.7 percent year-on-year increase in its second-quarter net income to $3.07 billion, while quarterly revenue rose 23 percent year-on-year to $5.73 billion.
Atlantic spot LNG shipping rates continued to drop this week, decreasing to $51,750 per day, the lowest since the start of the Middle East conflict, according to Spark Commodities.
US liquefied natural gas (LNG) plants sent 31 cargoes during the week ending August 5, down four cargoes from the week before, according to the Energy Information Administration.
US liquefied natural gas (LNG) plants sent 35 cargoes during the week ending July 29, one cargo more than the week before, according to the Energy Information Administration.