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U.S. Shale Gas Bound for Europe After Leaving Cheniere

  • Sixth tanker from Sabine Pass plant headed for Portugal
  • Asia has become less attractive destination for U.S. LNG
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Within a decade of revolutionizing domestic natural gas markets, U.S. LNG produced from shale will for the first time enter Europe, a region dominated by Russian and Norwegian supplies.

Portugal will receive the tanker Creole Spirit, the sixth cargo from Cheniere Energy Inc.’s Sabine Pass facility, according to two people with direct knowledge of the matter. The first left the plant in Louisiana in February.