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

South Korea’s Posco says first LNG carrier to start ops in H2

Posco International, a unit of South Korean steel producer Posco, plans to start shipping LNG with its first dedicated LNG carrier in the second half of this year.

Canada’s Cedar LNG names FLNG

Canada’s Cedar LNG, a joint venture of Canada’s Pembina Pipeline and the Haisla Nation, has picked a name for its floating LNG facility, which will be located in the traditional territory of the Haisla Nation, on Canada’s West Coast.

Wilhelmshaven LNG jetty ready to welcome Excelerate’s FSRU

Dutch marine contractor Van Oord announced on Monday it had completed the new jetty for its client, state-owned LNG...

More News Like This

Atlantic LNG shipping rates continue to decrease

Atlantic LNG freight shipping rates continued to decrease this week, while European prices also dropped compared to last week.

US weekly LNG exports reach 29 cargoes

US liquefied natural gas (LNG) plants shipped 29 cargoes during the week ending May 28. According to the Energy Information Administration, pipeline deliveries to the LNG terminals remained unchanged compared to the prior week.

CEZ expands LNG business with new shipment

Czech utility CEZ has expanded its LNG business by arranging an entire delivery of US LNG, including the charter of a Knutsen-owned LNG carrier, to the Dutch Eemshaven FSRU-based LNG terminal.

South Africa plans to buy US LNG

South Africa, which currently does not have LNG import terminals, plans to buy liquefied natural gas from the US under a 10-year deal.