EIA says US weekly LNG exports rise to 18 cargoes

US liquefied natural gas (LNG) exports rose in the week ending July 27 when compared to the week before, according to the Energy Information Administration.

The agency said in its weekly natural gas report that 18 LNG carriers left the US plants between July 21 and July 27, up by two shipments when compared to the week before.

According to the agency, the total capacity of LNG vessels carrying these cargoes is 67 Bcf.

Natural gas deliveries to US LNG export facilities averaged 10.8 Bcf/d, or 0.1 Bcf/d lower than last week.

Cheniere’s Sabine Pass plant shipped seven cargoes and its Corpus Christi facility sent four shipments.

Sempra’s Cameron LNG dispatched three shipments and Venture Global LNG’s Calcasieu Pass terminal sent two cargoes.

Also, Cove Point and Elba Island each sent one cargo during the week under review, EIA said, citing shipping data by Bloomberg Finance.

Freeport LNG did not ship any cargoes during the week under review. It expects to resume partial liquefaction operations at its 15 mtpa export plant in Texas in early October after an incident took place at the facility on June 8.

Henry Hub climbs

This report week, the Henry Hub spot price rose from $7.56/MMBtu last Wednesday to $8.68/MMBtu this Wednesday, the agency said.

Moreover, the August 2022 Nymex contract expired this Wednesday at $8.687/MMBtu, up 68 cents from last Wednesday.

EIA said the September 2022 NYMEX contract price increased to $8.554/MMBtu, up 66 cents from last Wednesday.

The price of the 12-month strip averaging September 2022 through August 2023 futures contracts climbed 35 cents to $6.947/MMBtu.

Spot LNG, TTF up

According to the agency, international natural gas futures prices increased this report week.

Bloomberg Finance reported that weekly average futures prices for LNG cargoes in East Asia increased $1.85 to a weekly average of $39.96/MMBtu.

Natural gas futures for delivery at the Dutch TTF increased $6.04 to a weekly average of $53.64/MMBtu.

This is the “second-highest weekly average on record behind the $61.08/MMBtu weekly average reported for early March, after Russia’s full-scale invasion of Ukraine,” EIA said.

- Advertisements -

Most Popular

Charif Souki steps down as chairman of Tellurian

US LNG firm Tellurian, the developer of the Driftwood LNG export project in Louisiana, said on Friday that its...

Dynagas FSRU ready to start Stade job

The 174,000-cbm FSRU Transgas Force, owned by Dynagas, has left Germany's Bremerhaven and will now work as an LNG...

VTTI and Hoegh LNG join forces on Dutch FSRU terminal

Rotterdam-based storage terminal owner VTTI, co-owned by Vitol, IFM, and Adnoc, is joining forces with FSRU player Hoegh LNG...

More News Like This

US weekly LNG exports climb to 29 cargoes

US liquefied natural gas (LNG) exports rose in the week ending December 6 compared to the week before, according...

US weekly LNG exports reach 24 cargoes

US liquefaction plants shipped 24 liquefied natural gas (LNG) cargoes in the week ending November 29, while natural gas...

US weekly LNG exports up to 27 cargoes

US liquefied natural gas (LNG) exports rose in the week ending November 15 compared to the week before, according...

Netherlands continues to be main destination for US LNG cargoes

The Netherlands was the top destination for US liquefied natural gas supplies for the fifth month in a row...