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

Shell adds another LNG carrier to its fleet

A unit of UK-based LNG giant Shell has added another chartered liquefied natural gas carrier to its fleet.

Hanwha Engine completes first X-DF engine with VCR tech

South Korea's Hanwha Engine, a subsidiary of Hanwha, has completed what it claims is the world's first WinGD X-DF engine equipped with VCR (variable compression ratio) technology for LNG carriers.

Chevron, China’s ENN seal second LNG SPA

US energy giant Chevron has signed a second LNG sales and purchase agreement with Chinese independent gas distributor ENN.

More News Like This

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.

US LNG exports reach 28 cargoes

US liquefied natural gas (LNG) plants shipped 28 cargoes during the week ending August 27. According to the Energy Information Administration, pipeline deliveries to the LNG terminals rose compared to the prior week.

Trafigura, Kogas seal long-term US LNG supply deal

LNG trader Trafigura has signed a long-term deal to supply US LNG to South Korean importer Kogas.

Dutch terminals remained top destinations for US LNG in June

Dutch Gate and Eemshaven LNG terminals remained the top destinations for US liquefied natural gas cargoes in June, according to the Department of Energy’s LNG monthly report.