Cheniere Energy (NYSE: LNG) has achieved first LNG production from Train 1 of its Corpus Christi Stage 3 Liquefaction Project, marking the latest significant expansion in U.S. LNG export capabilities….
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Cheniere Bypassing Panama Canal for Longer LNG Routes to Asia
By Curtis Williams VANCOUVER, July 10 (Reuters) – Top U.S. LNG exporter Cheniere Energy is shunning the Panama Canal to transport liquefied natural gas to Asia because the market is not supporting use…
https://gcaptain.com/cheniere-bypassing-panama-canal-for-longer-lng-routes-to-asia/
How LNG shipping kept Europe’s wartime energy supply secure
A year ago, an armada of ships came to Europe’s aid, bringing U.S.-produced liquefied natural gas to replace Russian pipeline gas supplies lost in the wake of the war. The outlook for the coming winter was dire despite the surge of American LNG cargoes — then it grew even worse.
A fire and explosion took Texas’ Freeport LNG facility offline last June, removing a major U.S. export source. The price of natural gas in Europe hit $100 per million British thermal units (MMBtu) in late August, the...
https://www.freightwaves.com/news/how-lng-shipping-kept-wartime-europes-energy-supply-secure
Cheniere Signs Long-Term LNG Deal with Korean Power Company
Cheniere Energy announced a long-term liquid natural gas (LNG) deal with Korea Southern Power Co. Ltd (KOSPO). The deal brings together the leading LNG production and exporter in the United…
https://gcaptain.com/cheniere-signs-long-term-lng-deal-with-korean-power-company/
Top U.S. LNG Exporter Sees Asia Demand Driving Shipments This Year
By Marianna Parraga March 6 (Reuters) – Cheniere Energy expects to ship more liquefied natural gas (LNG) to Asia this year, after European customers took the lion’s share of its 2022 cargoes, an…
https://gcaptain.com/top-u-s-lng-exporter-sees-asia-demand-driving-shipments-this-year/
Flex LNG and Cheniere agree to extend charters for three LNG carriers
Norwegian shipping company Flex LNG has secured an extension of time charter agreements with […]
The post Flex LNG and Cheniere agree to extend charters for three LNG carriers appeared first on Offshore Energy.
Cheniere Adds Third Berth at Sabine Pass, Boosting LNG Export Capacity
By Sergio Chapa (Bloomberg) — Cheniere Energy Inc., the largest US exporter of liquefied natural gas, is preparing to add shipping capacity at its Louisiana terminal that will help it eke…
https://gcaptain.com/cheniere-adds-third-berth-at-sabine-pass-boosting-lng-export-capacity/
CPLP extends charter of two LNG carriers
New York-based shipping company Capital Product Partners (CPLP) has extended charter agreements for two LNG carriers and increased their day rate.
The post CPLP extends charter of two LNG carriers appeared first on Offshore Energy.
https://www.offshore-energy.biz/cplp-extends-charter-of-two-lng-carriers/
Flex LNG charters 5th LNG carrier to Cheniere
Flex LNG has entered into a time charter party agreement with a unit of Cheniere for Flex Aurora LNG carrier. The post Flex LNG charters 5th LNG carrier to Cheniere appeared first on Offshore Energy.
https://www.offshore-energy.biz/flex-lng-charters-5th-lng-carrier-to-cheniere/
Armada carrying US LNG heads to Europe, but it won’t be enough
Fallout from Russia’s invasion of Ukraine is being felt across all shipping markets, but none more so than liquefied natural gas shipping. Consequences to this shipping segment have been immediate, sweeping and possibly permanent.
Traditionally, about 30% of U.S. LNG exports has gone to Europe, but the destination mix has dramatically changed. Over the past two months, around 70% of U.S. LNG is going to Europe, according to Evercore ISI analyst Sean Morgan.
Ship-position data from MarineTraffic...
https://www.freightwaves.com/news/armada-carrying-us-lng-heads-to-europe-but-it-wont-be-enough