LNG export news

‘K’ Line has announced the execution of seven long-term time charter contracts through joint venture companies with QatarEnergy.

Cove Point LNG, an LNG export and import facility in Lusby, Maryland, US, loaded its 300th commercial cargo at the end of July.

By tracking the import and export in volume of LNG, the indicator provides supply side commodity and energy futures traders with crucial insights at least one month in advance of official data.

Pacific Energy and Enbridge have announced an agreement to jointly invest in the construction and operation of the Woodfibre LNG project, Canada.

Compared with 2H21, US LNG exports increased by 12% in 1H22, averaging 11.2 billion ft3/d, according to EIA.

Under the SPA, ExxonMobil LNG Asia Pacific will purchase 1.0 million tpy of LNG, which will be supplied from the first two trains of NextDecade’s Rio Grande LNG export project.

According to the US Energy Information Administration, June’s LNG exports averaged a 1.5 billion ft3/d decline from May due to the Freeport LNG outage.

Stade will be the site of one of the four floating LNG terminals – so-called FSRUs – chartered by the Federal Government of Germany.

Under the SPA, PetroChina’s subsidiary, PCI, has agreed to purchase up to approximately 1.8 million tpy of LNG from Cheniere Marketing on an FOB basis.

Following the Freeport outage, the US Energy Information Administration expects US LNG exports to fall by 6%.