Cheniere to export LNG from Sabine Pass to Asia
Published by David Rowlands,
Editor
LNG Industry,
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
Enbridge to enter into JV connecting Permian Basin natural gas supply to growing LNG and US Gulf Coast demand
Enbridge Inc. has entered into a definitive agreement with WhiteWater/I Squared Capital and MPLX LP to form a joint venture that will develop, construct, own, and operate natural gas pipeline and storage assets connecting Permian Basin natural gas supply to growing LNG and US Gulf Coast demand.