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Freeport LNG Terminal to Receive Cargo From Peru on April 17

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By Moning Zhou

peru

Freeport LNG’s liquefied-natural- gas terminal in Texas is to receive a cargo of the fuel April 17 from Peru, according to vessel tracking data compiled by Bloomberg.

peru
The Peru LNG plant was innaugurated June 10 and is South American’s first natural gas liquefaction plant. At $3.8 billion, it represents the largest investment in one single project ever made in Peru. (Photo: Juan Carlos Guzmán Negrini/Andina)

The tanker STX Frontier can carry 153,000 cubic meters of LNG, or about 3.29 billion cubic feet when converted to a gas. The cargo is equal to about 5.1 percent of daily U.S. gas production.

The LNG is being shipped to Freeport, Texas, from a terminal located between Cañete and Chincha, Peru, the first export facility for the fuel in South America, according to data compiled by Bloomberg. Dallas-based Hunt Oil Co. owns 50 percent of the plant, according to the company.

LNG is gas that is cooled to a liquid for transport by ship to markets not connected by pipelines. The fuel is received at import terminals and converted back to a gaseous form.

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