Shell said it does not comment on trading activities, while BP and NGC did not respond to requests for comment. Atlantic LNG is Latin America’s largest exporter of the gas with a capacity to produce 12 mtpa of LNG.
Last year, however, the plant exported around nine MT because of natural gas constraints, data from financial firm LSEG showed. Atlantic is the biggest exporter of LNG to South America, according to LSEG ship tracking data.
Based on last year’s production, the turnaround is likely to reduce Atlantic’s output by more than 600,000 MT, according to Reuters calculations.
Last year, Atlantic exported 143 cargoes, based on the ownership structure it potentially means the loss of 20 cargoes during the 50 days with Shell and BP each giving up nine cargoes and the NGC two, Reuters calculates.
Atlantic LNG exported four cargoes to the United States during January’s Arctic freeze as some US LNG plants became gas importers.
(Reporting by Curtis Williams in Houston; Editing by Nathan Crooks, Kirsten Donovan)
