Peruvian liquefied natural gas (LNG) exports continued to increase in July, with shipments rising 27.4% year-on-year to 415,815 tonnes, Kallanish Energy reports.
According to the latest data from the country’s oil and gas regulator, Perupetro, six cargoes were shipped last month – three of which to Japan, two to China and one to Spain.
The volumes exported from the Pampa Melchorita LNG plant had an average price of $2.29 per million British thermal units.
In July last year, the plant shipped 326,430 tonnes in five cargoes – two to South Korea, two to China and one to Japan.
On a monthly comparison, the exports were up 17.6% from the 353,676 tonnes shipped in May. Then, South Korea was the top destination taking three cargoes, followed by China with two and one cargo exported to Mexico.
The Pampa Melchorita liquefaction and exports plant is operated by Peru LNG, a joint venture between U.S.’s Hunt, South Korea’s SK Innovation, Japan’s Marubeni, and Shell. It was the first LNG plant to open in South America, placing Peru as a leader in the LNG industry in the region.
This post appeared first on Kallanish Energy News.