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EIA said in its weekly natural gas storage report that the LNG-carrying capacity of vessels departing US ports was 149 Bcf, up 15 Bcf from the previous week.
Cheniere’s Sabine Pass plant shipped nine LNG cargoes, and the company’s Corpus Christi facility sent seven shipments during the week ending April 1, according to the report.
Moreover, Venture Global LNG’s Plaquemines terminal sent eight cargoes, the Freeport LNG facility sent five shipments, and Sempra Infrastructure’s Cameron LNG terminal shipped four cargoes.
Venture Global’s Calcasieu Pass facility shipped three cargoes, the Cove Point facility sent two cargoes, and the Elba Island LNG facility sent one cargo during the week under review.
Henry Hub up
EIA reported that the Henry Hub spot price rose by 7 cents from $2.92/MMBtu last Wednesday to $2.99/MMBtu this Wednesday.
The agency said that above-average US temperatures continue to support prices that have been largely flat over the past month.
Total US demand for natural gas in the residential and commercial sectors fell 1.9 Bcf (8.7 percent) compared with last week, according to LSEG data, as average temperatures mainly ranged between 40°F–70°F across the continental US.
TTF averaged $17.74/MMBtu
EIA said that the price at the Dutch Title Transfer Facility in Europe averaged $17.74/MMBtu, $1.61 lower than the previous week.
Moreover, the Japan-Korea Marker price averaged $20.28/MMBtu.
This is 83 cents lower than the previous week, EIA said.