Monday, February 15, 2010

Roundtrip LNG

Another tanker dropping off LNG at the Cheniere Energy import facility was reloaded with gas bound for another destination.  An export?  A turnaround?  A re-export?  Whatever you call it, most of the gas that was delivered was sent packing. 

This is not earth-shattering news, but at a time where the U.S. was supposed to be overrun with LNG, it is interesting that companies are finding new destinations for the stuff.  It won't stop coming, but LNG exporters have gotten the message that the U.S. is not the best end market.

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