Peru LNG terminal shipped three cargoes in April

Peru LNG’s liquefaction plant at Pampa Melchorita has shipped three liquefied natural gas cargoes in April due to restrictions on the transportation system, according to operator Hunt Oil.

A spokesman for Hunt Oil told LNG Prime that there were three shipments in April, with the last one on April 23.

“The reason for the low number in April was that there were restrictions on the transportation system that forced the plant to shut down, and Peru LNG used that time to make some repairs,” he said.

PeruPetro’s shipment data shows that the three cargoes were loaded onboard the LNG carriers Extremadura Knutsen, LNGShips Empress, and Myrina.

The data shows that South Korea will receive all three cargoes.

“The number of shipments to date this year now totals 17, and Peru LNG plans to meet its goals set for the year,” the spokesman said.

Peru LNG previously said it expects to load 60 cargoes equivalent to 218 TBtus (trillion British thermal units) in 2025.

There were 57 vessels equivalent to 205 TBtus in 2024. This is some 3.98 million tons of LNG.

In 2023, Peru LNG loaded 55 vessels. This equals 190.3 TBtu or about 3.69 million tons of LNG, a rise from 51 vessels or 179.05 TBtus in 2022.

LNG giant Shell holds 20 percent in Peru LNG and offtakes all the volumes.

US-based Hunt operates the LNG plant with a 35 percent stake, while Japan’s Marubeni has 10 percent in the LNG terminal operator.

Last year, MidOcean Energy, the LNG unit of US-based energy investor EIG, completed the purchase of an additional 15 percent interest in Peru LNG from Hunt Oil.

MidOcean’s interest in Peru LNG now stands at 35 percent.

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