European LNG and wholesale natural gas day-head andfutures prices declined over the past week as mid-Summer arrived and storage began to swing towards peak levels while cargo deliveries slowed to Chinese and European regasification terminals.
The US Department of Energy issued its May 2024 liquefied natural gas and pipelines export and import data report with the Netherlands heading the cargo destination list for the first three months of 2024 and with Germany paying the second-highest prices for cargoes of any nation apart from the Dominican Republic.
The US Department of Energy has published its latest LNG monthly export data showing the UK, France, Turkey, Japan and the Netherlands receiving the most cargoes and the most expensive shipments departing from a Louisiana plant.
Cheniere Energy, the largest US LNG exporter from the Sabine Pass plant in Louisiana and Corpus Christi in Texas, said it had the long-term potential to reach 90 million tonnes per annum of production using brownfield sites at both facilities as it raised its 2022 and future earnings forecasts.
The US Department of Energy has just published its latest liquefied natural gas export data illustrating the price differences between the three liquefaction plants in operation in April and also the proportion of spot shipments to contract deliveries.