LNG

More than 90 liquefied natural gas shipments were being lifted this week at global liquefaction plants as the US saw 12 cargoes departing from its facilities and the North Asia spot LNG price moved above the $6.00 mark, while European natural gas benchmarks were firm at around $5.15 per MMBtu.

IEnova, the Sempra Energy Mexico-based subsidiary developing the Costa Azul LNG export plant on the Pacific Coast, boosted its first-quarter earnings with revenues from the South Texas-Tuxpan natural gas pipeline.