US LNG exports climb, Henry Hub drops

The US exported twenty LNG cargoes in the week ending January 20 while feed gas deliveries to liquefaction plants averaged 10.9 billion cubic feet.

Compared to the last week, natural gas deliveries to US LNG export plants increased some 0.08 Bcf/d while shipments rose by four, according to EIA’s weekly natural gas report.

Currently, the US has fifteen standard-size LNG trains and ten small-scale moveable modular liquefaction system units in operation across six export facilities.

These facilities have a combined LNG export capacity of 9.5 Bcf/d baseload and 10.8 Bcf/d peak.

Looking at the weekly shipments in detail, five US terminals dispatched the twenty cargoes during the week of January 14-20. The total capacity of LNG vessels carrying these cargoes is 72 Bcf.

This compares to sixteen cargoes with the vessels’ capacity of 59 Bcf in the week before.

Moreover, Cheniere’s Sabine Pass plant sent seven shipments in the week under review while its Corpus Christi plant dispatched four cargoes.

Cameron also exported four cargoes of the fuel while the Freeport terminal shipped three cargoes during the observed week. Cove Point sent two shipments.

Compared to the previous week, the Henry Hub spot price fell from a high of $2.75/MMBtu last Wednesday to a low of $2.42/MMBtu two days ago , EIA said.

- Advertisements -

Most Popular

Chevron working to resume full Gorgon LNG production after ‘mechanical fault’

Chevron Australia, a unit of US energy giant Chevron, is working to resume full production from its Gorgon LNG...

Commissioning of India’s Chhara LNG terminal delayed

India’s Hindustan Petroleum, a unit of state-owned ONGC, has reportedly delayed the commissioning of its Chhara LNG import terminal...

Tellurian’s net loss widens in Q1, Driftwood LNG talks continue

US LNG firm Tellurian reported a widening first-quarter loss on Thursday, as it continues to work to secure financing...

More News Like This

Spot LNG shipping rates steady, European prices rise

Spot charter rates for the global liquefied natural gas (LNG) carrier fleet remained steady this week, while European prices...

US weekly LNG exports reach 21 shipments

US liquefied natural gas (LNG) exports dropped in the week ending May 1 compared to the week before, according...

Spot LNG shipping rates, European prices drop this week

Spot charter rates for the global liquefied natural gas (LNG) carrier fleet dropped slightly this week, while European and...

US LNG exports climb to 22 shipments

US liquefied natural gas (LNG) exports rose in the week ending April 24 compared to the week before, according...