HOUSTON, May 1 (Reuters) - U.S. exports of liquefied
natural gas (LNG) fell for a fourth consecutive month to 6.19
million metric tons in April from 7.61 million in March on
production outages, preliminary data from financial firm LSEG
showed on Wednesday.
Recurring mechanical problems have hit Freeport LNG, the
second largest U.S. plant by capacity. Last month, the Quintana,
Texas, terminal exported five cargoes for a total of 330,000
tons, compared to 21 cargoes and 1.42 million tons in December.
Since mid-January, the plant has been operating without at
least one of its three gas-processing trains. Freeport declined
to comment on the latest production challenges. It has begun to
increase its feedgas consumption over the last three days, LSEG
data showed, and a tanker moored at its dock last Friday.
"We still believe Freeport will not reach its typical summer
utilization near 90% until June, at the earliest, given its
previous struggles to complete maintenance in a timely manner,"
Energy Aspects analyst David Seduski said in a note to clients
last week.
The largest U.S. exporter, Cheniere Energy, had
reduced gas consumption for about 24 hours last month at each of
its Corpus Christi, Texas, and Sabine Pass, Louisiana, plants.
It declined to comment on a reason for the declines.
U.S. exports to Europe slipped to 3.25 million tons, or
52.5% of the total volume, from 4.31 million tons, or about 57%,
of March's total, the data showed.
Asia held steady as a share of total volumes with the seven
U.S. export plants sending 2.02 million tons of LNG to Asia,
32.6% of total exports, compared to 2.4 million tons, or 33% in
March, the LSEG data showed.
One cargo went to Kuwait from Cameron LNG, the data showed.
Exports of LNG to Latin American as a share of total exports
almost doubled in April compared to March, growing to 850,000
tons or 13.7% of the total, from 550,000 tons, or 7%, in March.
Sales of the superchilled gas increased to Latin America,
with purchases by Jamaica and the Dominican Republic, Colombia,
Brazil and Argentina, the data showed.