Skip to main content

Cheniere to export LNG from Sabine Pass to Asia

Published by
LNG Industry,


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/lng-shipping/28112016/cheniere-to-export-lng-from-sabine-pass-to-asia/

You might also like

ABS approves GTT and Deltamarin tanker design

GTT and Deltamarin received an Approval in Principle for their new LNG-fuelled tanker design from the American Bureau of Shipping at the Gastech 2021 exhibition in Dubai.

 
 

Embed article link: (copy the HTML code below):


 

LNG Industry is not responsible for the content of external internet sites.