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Second Shipment of U.S. LNG Reaches Europe as Producers Seek New Markets

July 26, 2016

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Hopes that the beleaguered U.S. shale gas industry can find new markets have come to fruition as the second shipment of liquefied natural gas (LNG) was unloaded at a European port on July 22, with the promise of more to come.

After being loaded at the Cheniere-owned Sabine Pass Terminal in Louisiana (Figure) on July 4, the tanker Sestao Knutsen, carrying 138,000 cubic meters (m3) of LNG, docked at the Reganosa terminal at Ferrol in northwest Spain after waiting several days off the coast. The tanker is the second to land in Europe after the Creole Spirit docked at Portugese port of Sines on April 26.

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