LA LNG SHIPMENT TO GERMANY- Ever since Russia invaded Ukraine last February, European nations have been looking for alternative supplies of oil and natural gas in an effort to reduce their dependency on Russian energy as such sales help support the Russian War on Ukraine. In the months following the invasion, Germany worked to strengthen its Liquefied Natural Gas infrastructure and opened its first LNG terminal at Wilhelmshaven to receive LNG shipments from abroad.
Port facilities were completed in mid-December and last week Germany received its first shipment of 170,000 cubic meters of LNG from Louisiana. According to a news release on Dec. 19th, Venture Global LNG loaded the shipment of LNG from its Calcasieu Pass terminal in Cameron Parish onto the Maria Energy, a tanker owned by Greek firm Tsakos Energy Navigation.
Other European nations have improved on their LNG import capacity and U.S. export infrastructure has grown also, especially along Louisiana’s coast. Industry analysts predict that as long as European demand for U.S. LNG remains high, the state’s energy export industry should continue to grow.
