The United States is the global leader in LNG exports with 14 billion cubic feet per day (Bcf/d) in current operating capacity and 48 Bcf/d in total authorizations approved by DOE to date, over three times our current export capacity. This quote seems to imply that the total authorizations...
As US LNG exports continue to accelerate over the balance of this decade,rnthe growth in global spot trade will reduce the market power of certain keyrnplayers, a group of conference panelists said earlier in the month.rnHistorically, a small number of firms that aggregate long-termrnpurchase...
cargoes headed to Asia last month. Exports to that region fell to 18.5% of the total from 20% in October, while shipments to Latin America remained almost unchanged at about 5% of total, LSEG data showed. Natural gas flows to the seven big U.S. LNG export plants rose to a record ...
S&P Global predicts the United States will become the third largest exporter by 2020. The story of US LNG exports is directly tied to the US shale revolution, which has led to the production of abundant, cheap natural gas. It has satisfied growing North American gas demand while driving ...
According to Banchero Costa, “global LNG exports to Mainland China increased by +26.0% y-o-y in Jan-Jun 2021 to 38.3 mln tonnes. Exports to the European Union collapsed by -15.1% y-o-y to 31.0 mln tonnes in Jan-Jun 2021. Looking specifically at LNG shipments from the Un...
LNG loadings from the US' six liquefaction facilities reached a new record in De- cember of 6.24mn t, up from 4.32mn t a year earlier and 5.68mn t in November, according to oil analytics frm Vortexa. The US added about 28mn t/yr of export capacity in 2020 for a total of 80mn t...
The first shipment from the Sabine Pass terminal on 24 February 2016 marked the beginning of US liquefied natural gas (LNG) exports. Two large Australian terminals also commenced operation in the first quarter of this year. LNG is becomi... ...
France was the top destination for US LNG cargoes in March as most US exports continued to flow to Europe,but the region's share of US shipments declined during the month as the arbitrage window for deliveries to Asia widened,an S&P Global Commodity Insights analysis showed April 1.The shift...
"For us, it's strictly been about marketing to China," said Greg Vesey, chief executive of LNG Ltd, which is developing an LNG plant in Louisiana and another in Nova Scotia inCanada. It hopes to reach a final investment decision on the U.S. project by year-end and begin exports in ...
LNG loadings worldwide rose in July compared with a year earlier, underpinned by a rebound in US exports, but fell short of the output produced earlier this year. Aggregate LNG exports rose to 30.9mn t of LNG, from 27.6mn t a year earlier and 29.8mn t in June, preliminary shiptracking...