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Tropical Storm Barry Puts 70% of Newly Minted U.S. LNG Capacity at Risk

  • Sabine Pass, Cameron terminals may be in Barry’s path
  • U.S. natural gas exports have soared amid shale boom
Sabine Pass and Cameron LNG terminals are within striking distance of the tropical storm
Sabine Pass and Cameron LNG terminals are within striking distance of the tropical storm
Updated on

Tropical Storm Barry is highlighting the risks that Gulf of Mexico storms pose to America’s newly expanded liquefied natural gas export capacity.

Cheniere Energy Inc.’s Sabine Pass export terminal and Sempra Energy’s just-built Cameron facility are potentially in the path of the storm as it churns toward Louisiana. Together, the terminals account for about 70% of America’s capacity to ship LNG overseas. Two gas tankers are waiting to approach Sabine Pass, while a third recently departed, according to ship tracking data compiled by Bloomberg.