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

Another steam LNG carrier sold for demolition

An NYK-managed steam liquefied natural gas (LNG) carrier has been sold for demolition, according to brokers.

Canada approves Ksi Lisims LNG project

According to a statement on Monday, Julie Dabrusin, Minister of Environment and Climate Change, issued her decision under the...

NFE seals Puerto Rico LNG supply deal

NFE said in a statement that the contract is currently under review for approval by the Financial Oversight and...

More News Like This

Atlantic LNG shipping rates remain steady this week

Atlantic spot LNG shipping remained steady this week, while Pacific prices dropped compared to last week.

US LNG exports climb to 34 cargoes

US liquefied natural gas (LNG) plants shipped 34 cargoes during the week ending September 10. According to the Energy Information Administration, pipeline deliveries to the LNG terminals decreased compared to the prior week.

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.