U.S. liquefied natural gas (LNG) exports increased 14.7% in August, as facilities shipped five more cargoes than the previous month, Kallanish Energy reports.
According to the latest data from the U.S. Department of Energy, LNG exports reached 110.2 billion cubic feet (Bcf) in August, up from 96.1 Bcf in July. The volumes, however, are still 19.6% lower than August 2019, when exporters shipped 44 cargoes.
Most of the LNG sold abroad went to Japan, with exports reaching 22.5 Bcf during the month. South Korea imported 13.8 Bcf, China 13.7 Bcf, India 10.3 Bcf and Chile 7.4 Bcf. Together, these five destinations accounted for 61.5% of total U.S. LNG exports in August.
The average price for the LNG exported in August was $5.36 per million British thermal units (MmBtu), which is in line with prices in July at $5.39/MmBtu.
U.S. LNG exports in August
|Exporting Facility||No. of cargoes|
This post appeared first on Kallanish Energy News.