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Freeport LNG Terminal Exporting Cargo to Asia, Vessel Data Show

Jan. 18 (Bloomberg) -- Freeport LNG’s liquefied-natural-gas terminal in Texas is sending a previously imported cargo of the fuel to Asia, according to vessel tracking data compiled by Bloomberg.

The tanker, Explorer, left the port over the weekend and is scheduled to arrive Feb. 23, according to the data. The ship is probably heading to South Korea, according to Zach Allen, president of Pan Eurasian Enterprises Inc., a Raleigh, North Carolina-based tracker of LNG shipments.

Explorer can carry 150,900 cubic meters of LNG, or about 3.25 billion cubic feet when converted to a gas.

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.

To contact the reporter on this story: Moming Zhou in New York at Mzhou29@bloomberg.net

To contact the editor responsible for this story: Dan Stets at dstets@bloomberg.net.

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