UK was top destination for US LNG cargoes in December

The United Kingdom was the top destination for US liquefied natural gas (LNG) supplies in December as Europe continues to receive the majority of volumes produced at US liquefaction plants, according to the Department of Energy’s newest monthly report.

The DOE report shows that US terminals shipped 60.2 Bcf of LNG to the UK in December, 48.7 Bcf to the Netherlands, 42.3 Bcf to Turkiye, 40.7 Bcf to France, and 35.2 Bcf to South Korea.

These five countries took 53.7 percent of total US LNG exports in December.

France was the top destination for US LNG supplies in October and November.

Prior to this, the Netherlands was the top destination for US LNG supplies for five months in a row.

The Netherlands was the number one destination for US LNG supplies during January-December last year and the country is followed by France, the UK, Japan, South Korea, Spain, Germany, Italy, China, and India, the DOE data shows.

US LNG exports rise in 2023

The US exported in total 422.9 Bcf of LNG in December to 32 countries, up by 24 percent compared to the same month in 2022 and a rise of 9 percent from the prior month, the DOE report shows.

Europe received 293.8 Bcf, or 69.5 percent, of these volumes, Asia received 110.5 Bcf, or 26.1 percent, and Latin America/Caribbean received 18.6 Bcf, or 4.4 percent.

US terminals shipped 135 LNG cargoes in December, up from 124 LNG cargoes in November.

Cheniere’s Sabine Pass plant sent 43 cargoes and its Corpus Christi terminal shipped 18 cargoes, while the Freeport LNG terminal and Sempra’s Cameron LNG plant each sent 22 shipments during December.

In addition, Venture Global’s Calcasieu plant sent 16 cargoes, Elba Island LNG sent 6 cargoes, and Cove Point LNG dispatched 8 shipments.

During the January-December period last year, the US exported 4,341.6 Bcf of LNG, a rise of 12 percent compared to 2022.

US plants sent 1,387 LNG cargoes to 37 countries in 2023.

According to DOE’s report, the average price by export terminal reached 6.68/MMBtu in December and 7.28/MMBtu in the January-December period.

5643 cargoes

The report said that in the period from February 2016 through December 2023, the US exported 5643 cargoes or 17,937 Bcf to 41 countries.

The DOE data shows that South Korea remains the top destination for US LNG with 578 cargoes, and the country is followed by Japan with 456 cargoes, France with 456 cargoes, the UK with 435 cargoes, and the Netherlands with 387 cargoes.

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

- Advertisements -

Most Popular

Japan’s Jera plans to invest up to $13 billion in LNG

Japan's power firm and LNG player, Jera, plans to invest 1-2 trillion yen ($6.47-$12.96 billion) in its liquefied natural...

CoolCo, GAIL seal charter deal for newbuild LNG carrier

LNG carrier operator CoolCo has entered into a 14-year charter deal with India’s largest gas utility GAIL for one...

TotalEnergies supplies LNG cargo to PetroVietnam Gas

PetroVietnam Gas, a unit of state-owned PetroVietnam, has received a liquefied natural gas cargo from a unit of France's...

More News Like This

Spot LNG shipping rates nearly flat, European prices drop

Spot charter rates for the global liquefied natural gas (LNG) carrier fleet remained steady this week, while European prices...

US LNG exports climb to 28 shipments

US liquefied natural gas exports rose in the week ending May 15 compared to the week before, with the...

Freeport LNG says all three trains in service

Freeport LNG, the operator of the 15 mtpa liquefaction plant in Texas, has resumed operations at all of its...

Spot LNG shipping rates remain steady this week

Spot charter rates for the global liquefied natural gas (LNG) carrier fleet remained steady this week, while European prices...