Cheniere to export up to 10 LNG cargoes within the next two months

According to Reuters, Cheniere Energy expects to export between eight and 10 cargoes of LNG from the Sabine Pass project within the next two months. Speaking at the IHS CERAWeek conference, Katie Pipkin, the Senior Vice President of Business Development and Investor Relations, said that the cargoes will be sold on a spot basis, and are expected to be delivered to Europe or, following in the footsteps of the recent first export from the facility, Brazil.

This initial export to Brazil’s state-run oil company, Petrobras, was the first ever US LNG export. Cheniere currently has six additional vessels under charter. At present, Cheniere has contracted to sell 42 cargoes of LNG from the terminal to EDF Trading between 2016 and 2018, as well 12 cargoes of LNG per year to ENGIE between 2018 and 2023.

Edited from various sources by David Rowlands

Read the article online at: https://www.lngindustry.com/liquid-natural-gas/26022016/cheniere-to-export-up-to-10-lng-cargoes-within-the-next-two-months-2053/