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Factory expects Freeportthe second largest exporter of liquefied gas in United Stateto partially return to service on October 22, but its temporary closure reduced US liquefied gas exports by about 1.9 billion cubic feet per day.
The fire was caught liquefied gas exports American amid strong demand in Europe As buyers seek to replace Russian supplies.
Prices rose last week to $57 per million British thermal units, from $33 in March. High prices curbed demand from Asia AndLatin America.
In July, 86 cargoes left US ports carrying a total of 6.12 million tons of LNG, down from the previous month’s 6.3 million tons and the lowest level of exports since September, according to Eikon data.
The data showed that shipments to Europe jumped to about 3.9 million tons, or 63 percent of total shipments, from 3.5 million tons in June, while shipments to buyers in Asia and Latin America fell.
mention thatUS Energy Information Administration Last week, it announced that US exports of liquefied natural gas increased by 12 percent to an average of 11.2 billion cubic feet per day in the first half of the year compared to the second half of 2021, making it the largest exporter of liquefied natural gas globally.
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Factory expects Freeportthe second largest exporter of liquefied gas in United Stateto partially return to service on October 22, but its temporary closure reduced US liquefied gas exports by about 1.9 billion cubic feet per day.
The fire was caught liquefied gas exports American amid strong demand in Europe As buyers seek to replace Russian supplies.
Prices rose last week to $57 per million British thermal units, from $33 in March. High prices curbed demand from Asia AndLatin America.
In July, 86 cargoes left US ports carrying a total of 6.12 million tons of LNG, down from the previous month’s 6.3 million tons and the lowest level of exports since September, according to Eikon data.
The data showed that shipments to Europe jumped to about 3.9 million tons, or 63 percent of total shipments, from 3.5 million tons in June, while shipments to buyers in Asia and Latin America fell.
mention thatUS Energy Information Administration Last week, it announced that US exports of liquefied natural gas increased by 12 percent to an average of 11.2 billion cubic feet per day in the first half of the year compared to the second half of 2021, making it the largest exporter of liquefied natural gas globally.