USA: Seventeen LNG Cargoes Re-Exported in Jan-Nov

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The U.S. re-exported 17 LNG cargoes or 1,030,939 mt in January-November period, according to U.S. DOE.

Most of the re-exports were handled by Cheniere at its Sabine Pass LNG terminal.

There are currently three U.S. LNG terminals that have been granted Federal approval to re-export LNG: Freeport in Texas, Sabine Pass and Cameron in Louisiana.

Re-exportation of LNG lets marketers and suppliers store gas, while waiting for price signals before delivering their LNG to the higher-paying markets in Asia, Europe, and South America.

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Posted on January 5, 2012, in AMERICAS, Asia, LNG, Louisiana, Sabine Pass, Texas, United States and tagged , , , , , , , , , , , , , . Bookmark the permalink. Comments Off.

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