UK continues to be main destination for US LNG

The UK was the top destination for US liquefied natural gas supplies for the sixth month in a row in April, according to the Department of Energy’s newest LNG monthly report.

The report shows that US terminals shipped 75.8 Bcf of LNG to the UK in April, 60.2 Bcf to the Netherlands, 53.2 Bcf to France, 24.7 Bcf to South Korea, and 17.4 Bcf to Italy.

These five countries took 61.8 percent of total US LNG exports in April.

US terminals sent 70.5 Bcf of LNG to the UK in March, 71.7 Bcf of LNG in February, 63 Bcf of LNG in January, 69.3 Bcf of LNG in December, and 82.8 Bcf of LNG in November.

US LNG exports rise 13.4 percent

The US exported in total 374.4 Bcf of LNG in April, up by 13.4 percent compared to the same month last year and a rise of 2.2 percent from the prior month, the DOE report shows.

US terminals shipped 111 LNG cargoes in April, compared to 107 cargoes in April 2022 and 121 cargoes in March this year, according to the report.

Cheniere’s Sabine Pass plant sent 39 cargoes, while its Corpus Christi terminal shipped 16 cargoes in April.

In addition, Cameron LNG dispatched 29 shipments, Freeport LNG sent 18 cargoes, Cove Point LNG sent 7 cargoes, and Elba Island LNG dispatched 2 shipments.

4690 LNG cargoes

According to DOE’s report, the weighted average price by export terminal reached 6.60/MMBtu in April.

Moreover, the report said that in the period from February 2016 through April 2023, the US exported 4690 cargoes or 15,004.3 Bcf to 44 countries.

South Korea remains the top destination for US LNG with 520 cargoes, followed by Japan with 384 cargoes, the UK with 383 cargoes, Spain with 367 cargoes, and France with 345 cargoes.

Besides these five countries, China, the Netherlands, India, Turkey, and Brazil are in the top ten as well.

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