Elba’s first export cargo nears destination in Pakistan High capacity utilization continued Thursday at US LNG export terminals, with feedgas deliveries near-record levels, amid robust winter demand and strong market fundamentals in Asia and Europe, S&P Global Platts Analytics data showed. The activity comes as the first cargo shipped from Kinder Morgan’s Elba facility in Georgia approached its destination in Pakistan. A combination of positive netbacks throughout November and December, coupled with multiple facilities ramping up commissioning activities ahead of their expected commercial in-service dates, has incentivized strong dispatch of US LNG in the front months. In addition, as Cameron LNG in Louisiana, Freeport LNG in Texas and Elba have brought more units online, total LNG feed gas deliveries in December averaged 115% of total export capacity that […]