Peru LNG’s 2023 exports rise

Peru LNG, the operator of the 4.4 mtpa LNG plant at Pampa Melchorita, has increased its exports last year compared to the year before, and it also expects to boost the number of shipments in 2024.

US-based Hunt Oil holds a 50 percent operating stake in the Pampa Melchorita LNG plant, while SK and Marubeni have 20 percent and 10 percent, respectively.

LNG giant Shell also holds a 20 percent stake and takes all the volumes produced at the facility.

“In 2023, 55 vessels were loaded, totaling 3,692,637 metric tons,” Peru LNG told LNG Prime in emailed comments.

This compares to 51 vessels, totaling 3,474,259 metric tons, in 2022, it said.

Data by state-owned PeruPetro shows that the LNG plant shipped six cargoes in December to Mexico, South Korea, Japan, Canada, and UK.

Peru LNG shipped four LNG cargoes in November, four cargoes in October, and five cargoes in September.

The plant sent two cargoes in August after it completed scheduled maintenance, operator Hunt Oil previously told LNG Prime.

Peru LNG said that the main destinations in 2023 were United Kingdom and South Korea, and also Japan, China, Spain, France, Netherlands, and Canada.

“Regarding 2024, 60 vessels and 218 Tbtus are expected to be loaded,” Peru LNG said.

According to Peru LNG’s 2022 annual report, the plant loaded more than 60 vessels only in 2016 and in 2017.

In 2021, 38 vessels berthed to load LNG at the plant, 55 vessels in 2020, 58 vessels in 2019, 57 vessels in 2018, 64 vessels in 2017, 70 vessels in 2016, 56 vessels in 2015, 60 vessels in 2014, 57 vessels in 2013, 53 vessels in 2012, 55 vessels in 2011, and 23 vessels in 2011 when operations began.

1031 Exchange E-Book

ENB Top News 
ENB
Energy Dashboard
ENB Podcast
ENB Substack

About Stu Turley 3359 Articles
Stuart Turley is President and CEO of Sandstone Group, a top energy data, and finance consultancy working with companies all throughout the energy value chain. Sandstone helps both small and large-cap energy companies to develop customized applications and manage data workflows/integration throughout the entire business. With experience implementing enterprise networks, supercomputers, and cellular tower solutions, Sandstone has become a trusted source and advisor.   He is also the Executive Publisher of www.energynewsbeat.com, the best source for 24/7 energy news coverage, and is the Co-Host of the energy news video and Podcast Energy News Beat. Energy should be used to elevate humanity out of poverty. Let's use all forms of energy with the least impact on the environment while being sustainable without printing money. Stu is also a co-host on the 3 Podcasters Walk into A Bar podcast with David Blackmon, and Rey Trevino. Stuart is guided by over 30 years of business management experience, having successfully built and help sell multiple small and medium businesses while consulting for numerous Fortune 500 companies. He holds a B.A in Business Administration from Oklahoma State and an MBA from Oklahoma City University.