US LNG exports climb as Henry Hub drops

The US exported twenty-two LNG cargoes in the week ending March 10 while feed gas deliveries to liquefaction plants averaged 10.6 billion cubic feet.

Compared to the last week, natural gas deliveries to US LNG export plants increased some 0.87 Bcf/d while shipments increased by five, according to EIA’s weekly natural gas report.

In addition, the Henry Hub spot price fell from $2.84/MMBtu last Wednesday to $2.60/MMBtu two days ago, the agency said.

The price reached as low as $2.55/MMBtu on Tuesday, the lowest price since January 25, EIA said.

Looking at the weekly shipments, five US terminals dispatched the twenty-two cargoes during the week of March 4-March 10. The total capacity of LNG vessels carrying these cargoes is 80 Bcf.

This compares to seventeen cargoes with the vessels’ capacity of 62 Bcf in the week before.

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

Cameron shipped four cargoes, Freeport three, while Elba Island dispatched one cargo.

Most Popular

TotalEnergies board backs CEO Pouyanne for another term

French energy giant and LNG player TotalEnergies said ​on Friday that ‌its board unanimously ​backed ​the renewal of ⁠chairman ​and ​CEO Patrick Pouyanne's mandate.

NYK’s LNG carrier named in South Korea

South Korea’s Hyundai Samho hosted a naming ceremony for a new liquefied natural gas (LNG) carrier owned by Japan's NYK and chartered by Mitsubishi’s unit Diamond Global Energy.

Atlantic LNG rates rise to almost $30,000 per day

Atlantic spot LNG shipping rates rose for the fourth week in a row, reaching almost $30,000 per day, according to Spark Commodities.

More News Like This

Atlantic LNG rates rise to almost $30,000 per day

Atlantic spot LNG shipping rates rose for the fourth week in a row, reaching almost $30,000 per day, according to Spark Commodities.

US LNG exports drop to 33 shipments

US liquefied natural gas (LNG) plants sent 33 cargoes during the week ending September 23, down three shipments from the previous week, according to the Energy Information Administration.

Atlantic LNG rates continue to increase

Atlantic spot LNG shipping rates rose for the third week in a row, rising $5,250 week-on-week to $25,250 per day, according to Spark Commodities.

US LNG shipments remain steady

US liquefied natural gas (LNG) plants sent 36 cargoes during the week ending September 16, unchanged from the previous week, according to the Energy Information Administration.