HOUSTON (ICIS)--Commissioning cargoes from Cheniere’s two plants and steady output from Cove Point has added length in the short-term market, sources said.
US supplier Cheniere and trading company Gunvor were both identified as sellers with available length.
Cheniere’s subsidiary Cheniere Marketing has earmarked commissioning volumes from Sabine Pass Train 5 and start-up volume from Corpus Christi Train 1.
Gunvor has volumes from the US through secondary marketing agreements, and also recently sub-chartered vessels to lift the US Gulf tonnage.
At least one of those agreements is with India’s state grid operator GAIL, which has offtake from both Sabine Pass and Cove Point.
Market sources in the Americas are anticipating the next start-up volumes from Corpus Christi Train 2 in 2019, as well as from Train 1 at Sempra’s Cameron LNG in Louisiana.
Some sources in the US expect first LNG from Cameron could arrive as early as late March but others expect first LNG could be later, around the April timeframe.
France-based Total and Japanese trading companies Mitsui and Mitsubishi each have 20-year, take-or-pay tolling agreements for 4mtpa each from Cameron LNG.
It was unclear whether the three offtakers would divide up the commissioning volumes or whether these would be directly marketed by Sempra.
Commissioning activity has started for both units at Corpus Christi and Cameron. Freeport LNG in Texas is due to come online later in 2019.
The US exported 20.6mtpa in 2018, according to LNG Edge, 54% more than in 2017.