US LNG exports to France rise

France was the top destination in March for US LNG exports, as Europe continues to receive most of the volumes produced at US liquefaction terminals, according to a report by the Department of Energy.

DOE said in its newest LNG monthly report that US terminals have sent 64.4 Bcf of LNG to France in March, followed by Spain (59.2 Bcf), the UK (56.8 Bcf), the Netherlands (24.9 Bcf), and South Korea (19.3 Bcf).

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

The top destination for US LNG exports in February, Turkey, was not in the top five receiving countries in March. France was second and took 39.6 Bcf in February, meaning that the European country substantially increased US LNG supplies in March compared to the previous month.

In total, the US has exported 363.8 Bcf of LNG in March, up by 15 percent compared to the prior month and a 13.4 percent rise year-on-year, the DOE report shows.

US terminals shipped 114 LNG cargoes in March, compared to 93 in February and 97 in March 2021.

Cheniere’s Sabine Pass plant sent 38 cargoes while its Corpus Christi terminal shipped 19 cargoes in March.

In addition, Cameron sent 26 cargoes and Freeport dispatched 21 shipments, followed by Cove Point with seven cargoes, and Elba Island with three.

According to the report, the weighted average price by export terminal reached 8.81/MMBtu in March.

Moreover, the report said that in the period from February 2016 through March 2022, the US has exported 3,098 cargoes or 10,770 Bcf to 42 countries.

South Korea remains the top destination for US LNG with 431 cargoes, followed by Japan with 313 cargoes, and China with 260 cargoes.

Besides these three countries, Spain, the UK, Brazil, France, Mexico, India, Turkey, are in the top ten as well.

- Advertisements -

Most Popular

Souki says Tellurian invested $750 million in Driftwood LNG

US LNG firm Tellurian has already invested $750 million in its Driftwood project in Louisiana, as it continues to...

EIG hires Shell’s Venter as CEO of its LNG unit

US-based energy investor EIG said it has named Shell's De la Rey Venter as chief executive officer of its...

Shell says Prelude FLNG ops impacted due to industrial action

LNG giant Shell said that loading of cargoes at its huge Prelude floating LNG unit offshore Western Australia would...

More News Like This

US weekly LNG exports down, Henry Hub drops

US liquefied natural gas exports dropped in the week ending June 22, as the Freeport LNG facility in Texas...

Chevron plans to send East Med gas to Egypt’s LNG export plants

US energy giant Chevron has signed a preliminary deal with state-owned EGAS to send natural gas supplies from its...

Croatian FSRU welcomes another US LNG cargo

US liquefied natural gas supplies keep coming to the FSRU-based Krk import facility in Croatia on the back of...

France and Spain continue to be top importers of US LNG

France was the top destination for US LNG exports for the second straight month in April, as Europe continues...