LNG

The US Department of Energy published its latest LNG monthly export data with European nations and Argentina leading the destinations list with Spain surpassing China in cargo numbers and France overtaking the UK, while Sempra’s Cameron LNG plant in Louisiana shipped the most expensive cargoes for a third month.

US liquefied natural gas producers have seen their costs of supply increase for shipments to Asia, though the plants on the Gulf Coast and the East Coast are unlikely to repeat the 2020 cost-related shut-ins as global LNG demand has rebounded.