Monthly US LNG Exports (MMt) as oof 4th March for the period between 1st January and 28th February, inclusively.
Elba Island LNG
Elba Island LNG exported two cargoes, amounting to 0.15mmt, between January and February. Both went to Europe, one to Poland’s Swinoujscie LNG and one to Rotterdam’s terminal in the Netherlands. Elba Island’s capacity utilisation therefore stood at 36pct for the period.
Exports from Cameron LNG struggled with hurricane weather in autumn. Cameron LNG recovered in November and December but bad weather once again restricted shipments in January and February, albeit not as much as in the autumn. The plant shipped 1.82mmt during the report period and operated at 80pct utilisation, helped by robust Japanese demand for its gas. The plant was in the process of loading a cargo aboard the LNG Unity on 4th March.
Cove Point LNG
Cove Point LNG saw exports decrease during the most recent report period compared to the one of November-December. Cove Point exports stood at 0.75mmt at the end of February, down by 0.13mmt from 0.82mmt at the end of December. Utilisation between January and February averaged 78pct. There are currently three Cove Point cargoes in transit – two headed to Japan and one to Europe. At the time of writing, we were not expecting another cargo from Cove Point before the w/c 8th March.
Freeport LNG saw production decrease over the January-February period compared to November-December. Shipments amounted to 0.75mm by the end of February compared to 0.88mmt at the end of December, pegging utilisation for the current report period at 78pct. The plant still had four cargoes amounting to 0.28mmt in transit as of 4th March, all of which are expected to arrive in China, South Korea and Japan. At the time of writing, the Prism Agility and the BW Pavilion Leeara were waiting in Freeport’s anchorage.
Corpus Christi LNG
In line with U.S. LNG exports overall, Corpus Christi LNG saw shipments decreased over the report period. Accordingly, the plant shipped 1.58mmt between January and February, pegging utilisation for the period at 70pct. The bulk of the plant’s exports was destined for the Atlantic Basin, led by the United Kingdom and Brazil. At the time of writing on 4th March, the SM Eagle had begun the process of loading the plant’s 27th shipment in 2021.
Sabine Pass LNG
Sabine Pass LNG’s exports stood at 3.91mmt for the period, pegging capacity utilisation at 94pct. This was down 8pct from the 4.26mmt exported during November and December, when the plant operated slightly above monthly nameplate capacity. Sabine Pass exports were mainly headed to the Far East (40pct), with South Korea taking up the largest share of 0.46mmt (12pct), closely followed by China with 0.33mmt (8pct). The plant had begun loading a cargo aboard the GasLog Georgetown on 4th March.