Cheniere to export LNG from Sabine Pass to Asia

Published by David Rowlands, Editor
LNG Industry, Monday, 28 November 2016 10:15

According to Reuters, Cheniere Energy Inc. is preparing to export LNG from its Sabine Pass facility to Asian customers for the first time.

A company official reportedly told Reuters that a rise in prices in the region has made such shipments profitable.

Specifically, the Cheniere official told Reuters: “Recently because of the pick-up in Asian LNG prices to above US$7 we can start to deliver to north Asia.

"At the current market level it is a good price."

Reuters claims that the cargoes will be delivered within the next one or two months, adding that China and South Korea are the most likely destinations.

Read the article online at: https://www.lngindustry.com/liquid-natural-gas/28112016/cheniere-to-export-lng-from-sabine-pass-to-asia/

Hanwha Ocean to build LNG-powered icebreaking research vessel

Friday 04 July 2025 09:30

Hanwha Ocean will build a next-generation LNG dual-fuelled icebreaking research vessel to explore polar regions with advanced technology based on its track record of building the most icebreakers in South Korea.

You might also like