The growth in re-exporting LNG from receiving terminals

Only Subscribers can read the full Article

The last 18 months have seen a rapid increase in the volume of LNG re-exported from receiving terminals to meet the demand for short-term LNG cargoes in both established and newly emerging markets. In visual_editor011, 47 cargoes amounting to visual_editor.visual_editor7mt were re-exported and already in the first five months of visual_editor01visual_editor 3visual_editor cargoes totalling 1.48mt have followed. Ten terminals in six countries – Spain, Belgium, the USA, Mexico, Brazil and France – have reloaded and at least three more in Europe are in the process of making the necessary arrangements. However, re-exporting is an inefficient way of delivering LNG to the market in which it is finally regasified and consumed. This is especially the case in the tight LNG shipping market that has developed over the last two years since the LNG cargoes are transported over much longer distances than the direct route to the market and the ships have to spend additional time in port reloading the LNG. LNGBR looks at how the re-export market has developed in recent years and discusses why it is being used despite the additional costs that are incurred.

Subscription Benefits

Our three titles – LNG Business Review, Gas Matters and Gas Matters Today – tackle the biggest questions on global developments and major industry trends through a mixture of news, profiles and analysis.

LNG Business Review

LNG Business Review seeks to discover new truths about today’s LNG industry. It strives to widen market players’ scope of reference by actively engaging with events, offering new perspectives while challenging existing ones, and never shying away from being a platform for debate.

Gas Matters

Gas Matters digs deep into the stories of today, keeping the challenges of tomorrow in its sights. Weekly features and interviews, informed by unrivalled in-house expertise, offer a fresh perspective on events as well as thoughtful, intelligent analysis that dares to challenge the status quo.

Gas Matters Today

Gas Matters Today cuts through the bluster of online news and views to offer trustworthy, informed perspectives on major events shaping the gas and LNG industries. This daily news service provides unparalleled insight by drawing on the collective knowledge of in-house reporters, specialist contributors and extensive archive to go beyond the headlines, making it essential reading for gas industry professionals.

Did you know that your Internet Explorer Browser is out of date?

Your MS Internet Explorer browser is out of date, and will not be fully compatible with our website. For best browsing experience we recommend that you upgrade your IE browser to a more recent version or use an alternative, more recent browser.