• DOE Releases First Quarter LNG Import/Export Data
  • May 16, 2016
  • Law Firm: Eversheds Sutherland (US) LLP - Washington Office
  • The U.S. Department of Energy’s (DOE) Office of Fossil Energy has released data covering U.S. LNG imports and exports for the First Quarter of 2016. The report shows that four vessel-borne commissioning cargoes of domestically-produced LNG, totaling 11.5 million Mcf, were exported from the Sabine Pass LNG terminal in Cameron Parish, La. to Brazil, India and United Arab Emirates. The spot-purchased cargoes were sold at export point prices, also known as free on board (FOB) prices, ranging from $3.35 to $3.77/MMBtu. The report also indicates that American LNG Marketing, LLC exported 4,460 Mcf of domestically-produced LNG via ISO containers from Miami, Fla. to Barbados at FOB prices ranging from $10.00 to $15.78/MMBtu.