May 4, 2009 / 3:01 PM / 11 years ago

U.S. sees continued stream of LNG cargoes

NEW YORK, May 4 (Reuters) - The United States saw a steady supply of liquefied natural gas imports during the weekend and increased imports are expected in the coming days and weeks.

U.S. import terminals that sat largely idle during the winter are now seeing an uptick in cargoes of the super-cooled gas as demand elsewhere falls toward summer, leaving more cargoes for the United States to absorb.

BP Plc’s (BP.L) British Trader LNG tanker is set to arrive at the Cove Point terminal in Maryland on Tuesday, following GDF Suez’s Iberica Knutsen which arrived there on Friday, according to AISLive ship tracking data on Reuters.

Cove Point has five berthing slot dates in May, totaling a potential 14.6 billion cubic feet of imports for the month, according to Waterborne Energy reports. The terminal imported four cargoes in April and just one in March.

The Elba Island terminal in Georgia, supplied by BG Group BG.L, received the LNG Khannur tanker on Saturday and is expected to take the Methane Heather Sally tanker on May 15 and the Seri Anggun tanker on May 17, according to AISLive.

The Lake Charles terminal in Louisiana, which did not import a cargo between November and March, could take five cargoes this month, starting with BG’s Methane Jane Elizabeth expected on Tuesday.

The United States is set to receive more cargoes this year compared to 2008 as demand in Asia — which last year sucked many cargoes east from the Atlantic — falls because of the recession. (Reporting by Edward McAllister; Editing by Lisa Shumaker)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below