US LNG exports climb, Henry Hub drops

The US exported twenty LNG cargoes in the week ending January 20 while feed gas deliveries to liquefaction plants averaged 10.9 billion cubic feet.

Compared to the last week, natural gas deliveries to US LNG export plants increased some 0.08 Bcf/d while shipments rose by four, according to EIA’s weekly natural gas report.

Currently, the US has fifteen standard-size LNG trains and ten small-scale moveable modular liquefaction system units in operation across six export facilities.

These facilities have a combined LNG export capacity of 9.5 Bcf/d baseload and 10.8 Bcf/d peak.

Looking at the weekly shipments in detail, five US terminals dispatched the twenty cargoes during the week of January 14-20. The total capacity of LNG vessels carrying these cargoes is 72 Bcf.

This compares to sixteen cargoes with the vessels’ capacity of 59 Bcf in the week before.

Moreover, Cheniere’s Sabine Pass plant sent seven shipments in the week under review while its Corpus Christi plant dispatched four cargoes.

Cameron also exported four cargoes of the fuel while the Freeport terminal shipped three cargoes during the observed week. Cove Point sent two shipments.

Compared to the previous week, the Henry Hub spot price fell from a high of $2.75/MMBtu last Wednesday to a low of $2.42/MMBtu two days ago , EIA said.

Most Popular

Atlantic LNG shipping rates dip to just $18,250 per day

Last week, LNG shipping rates continued to slide in both basins. “Spark30S Atlantic rates have dropped to record lows, reducing...

Shell CEO on 2025 LNG market outlook: ‘I don’t have a crystal ball’

Sawan was asked during Shell's third-quarter earnings call on Thursday if he could share his views on the 2025...

ExxonMobil CEO says Golden Pass LNG launch could slip into 2026

State-owned QatarEnergy owns a 70 percent stake in the Golden Pass project with a capacity of more than 18...

More News Like This

Atlantic LNG shipping rates dip to just $18,250 per day

Last week, LNG shipping rates continued to slide in both basins. “Spark30S Atlantic rates have dropped to record lows, reducing...

US LNG exports drop to 24 shipments

The agency said in its weekly report, citing shipping data provided by Bloomberg Finance, that the total capacity of...

Sapphire secures DOE LNG export permit

The small-scale, multi-contract authorization is valid until December 31, 2050. Sapphire said in a statement this "pivotal" approval allows the...

LNG shipping rates continue to slide

Last week, Atlantic LNG shipping rates dropped to $26,750 per day. “Spark30S Atlantic rates dropped for a fifth consecutive week, reducing...