U.S.’s liquefied natural gas (LNG) exports rose 8.2% month-on-month in March to 244.1 billion cubic feet (Bcf), the Department of Energy said in its latest monthly report.
According to the data, exporters shipped seven more cargoes in March than in February, and 37 more than the same period last year. In fact, on an annual comparison, exports were 86.7% higher in terms of volumes.
The top-five destinations for U.S. LNG were: South Korea (27.3 Bcf), Spain (25.1 Bcf), France (23.6 Bcf), UK (20.4 Bcf) and Japan (18.9 Bcf). Together they account for 47.3% of total U.S. exports, Kallanish Energy notes.
The weighted average delivered price for March’s domestically-produced LNG was down 4% m-o-m, from $4.85 per million British thermal units (MmBtu) to $4.66/ MmBtu.
Cheniere’s Sabine Pass led the exports with 30 shipments, followed by Cameron LNG with 13.
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