U.S. to send a record volume of shale gas overseas

U.S. to send a record volume of shale gas overseas

The U.S. is ready to export a record number of cargoes of shale gas this month.

Nine liquefied natural gas tankers have departed or are regular to leave Cheniere Energy inc.’s sabine Pass terminal in november, the foremost since exports began in february, in line with ship-tracking knowledge compiled by Bloomberg and Genscape inc. that will increase as additional declare their destinations.

Sabine Pass has exported 40 cargoes totaling concerning vi.5 MMcmg since february, Zach Allen, president of Pan Eurasian Enterprises, said in a very analysis note.

Cheniere, that became the nation’s 1st and solely exporter of shale gas in february, was cleared by U.S. regulators last month to start loading tankers from a second plant at sabine Pass.

Cheniere didn’t immediately return phone calls and emails seeking comment.