US LNG exports to Latin America and the Caribbean in August rose by only 7% from the previous month, S&P Global Commodity Insights data showed Sept. 6.
The US exported around 37.56 Bcf of LNG to the region in August, up from the 35.19 Bcf exported in July.
The exports were destined for six countries: the Dominican Republic, Brazil, Argentina, Colombia, Chile, and Panama.
The Dominican Republic was the primary destination for US LNG exports, with 10.75 Bcf. up from 8.56 Bcf in July. August marked the 21st consecutive month that the US has shipped LNG to the Dominican Republic, a streak unmatched by any of the other five destinations in August
The second largest volume of US LNG exports went to Brazil totaling 10.66 Bcf, a nearly 200% increase from 3.58 Bcf exported in July. This marks the second-largest volume of US LNG shipped to Brazil this year and is an increase from the 10.32 Bcf exported in August 2023
Argentina ranked third in volumes, with 5.41 Bcf, more than 60% down from the 14.09 Bcf exported the previous month.
The US exported 5.38 Bcf of LNG to Colombia and 3.58 Bcf to Chile, while the remaining 1.79 Bcf was shipped to Panama.
In addition to the Dominican Republic, Colombia and Chile have also been consistent destinations for US LNG exports every month this year.
Except for Panama, the other countries were also destinations for US LNG exports in July.
In August, LNG volumes exported from the US to terminals in Latin America and the Caribbean totaled 15 cargoes, down from 13 in July. All 15 cargoes exported in August have been delivered to their intended destinations, Commodity Insights data shows.
The Freeport LNG export plant in Texas sourced six of the August cargoes, while Sabine Pass in Louisiana sourced another four. The Cameron LNG facility in Louisiana and the Corpus Christi export plant in Texas each sourced two cargoes, with the remaining cargo sourced from the Cove Point facility in Maryland
The Platts Gulf Coast Marker for US FOB cargoes loading 30-to 60-days forward was assessed at $10.79/MMBtu on Sept. 6, up 13 cents on the day.
Platts is part of S&P Global Commodity Insights.
Source: Platts
