US boosts weekly LNG exports, Henry Hub climbs as well

The US exported seventeen LNG cargoes in the week ending March 3 while feed gas deliveries to liquefaction plants averaged 9.8 billion cubic feet.

Compared to the last week, natural gas deliveries to US LNG export plants increased some 2.39 Bcf/d while shipments increased by three, according to EIA’s weekly natural gas report.

In addition, LNG pipeline receipts reached their highest levels since the week of February 10, the agency said.

The Henry Hub spot price rose from $2.75/MMBtu last Wednesday to $2.84/MMBtu two days ago.

Looking at the weekly shipments, six US terminals dispatched the seventeen cargoes during the week of February 25-March 3. The total capacity of LNG vessels carrying these cargoes is 62 Bcf.

This compares to fourteen cargoes with the vessels’ capacity of 50 Bcf in the week before.

Furthermore, Cheniere’s Sabine Pass plant sent five shipments in the week under review while its Corpus Christi plant dispatched three cargoes.

Cameron and Freeport shipped three cargoes, each, while Cove Point sent two shipments and Elba Island dispatched one cargo.

Most Popular

NextDecade takes FID on fourth Rio Grande LNG train

US LNG firm NextDecade has made a final investment decision on the fourth train at its Rio Grande LNG facility in Texas.

Shell pens US LNG supply deal with Edison

UK-based LNG giant Shell has signed a long-term deal to supply US LNG to Italian energy firm Edison, a unit of EDF.

YPF CEO expects FIDs on FLNG projects with Eni, Shell in 2026

YPF CEO Horacio Marin confirmed on Wednesday that the state-owned oil and gas company and its partners Eni and Shell expect to take final investment decisions on two stages of the Argentina LNG project in 2026.

More News Like This

Shell pens US LNG supply deal with Edison

UK-based LNG giant Shell has signed a long-term deal to supply US LNG to Italian energy firm Edison, a unit of EDF.

Spot LNG shipping rates continue to drop

Spot charter rates for the global liquefied natural gas (LNG) carrier fleet continued to decrease, while European prices rose this week compared to the previous week.

US LNG exports down to 26 cargoes

US liquefied natural gas (LNG) plants shipped 26 cargoes during the week ending September 3. According to the Energy Information Administration, pipeline deliveries to the LNG terminals decreased compared to the prior week.

Spot LNG shipping rates down this week

Spot charter rates for the global liquefied natural gas (LNG) carrier fleet and European prices dropped this week compared to the previous week.