Forget Latin America, Asia Is the Biggest U.S. LNG Buyer Now

Posted on Jan 4, 2017 in News

Bloomberg | 1/4/17

Asia’s finally becoming a prime destination for U.S. shale gas cargoes.

At least 10 of the 12 tankers bearing liquefied natural gas that left Cheniere Energy Inc.’s Sabine Pass terminal in Louisiana in December are headed for Asian countries, shipping data compiled by Bloomberg show. The December tally surpasses November’s record of 10 departures. Sabine Pass is the only terminal shipping U.S. shale gas overseas.

The departures include the Seishu Maru, which left Sabine Pass on Dec. 22 for China, and Stena Clear Sky, which shipped out on Dec. 10 for Japan. That’s a shift away from Latin America since exports began in February.

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