US weekly LNG exports down to 20 cargoes

US liquefied natural gas (LNG) exports dropped in the week ending September 28 when compared to the week before, according to the Energy Information Administration.

The agency said in its weekly natural gas report that 20 LNG carriers departed the US plants between September 22 and September 28, one down compared to the week before.

According to the agency, the total capacity of LNG vessels carrying these cargoes is 75 Bcf.

Also, natural gas deliveries to US LNG export facilities averaged 11.6 Bcf/d, nearly 0.1 Bcf/d higher than last week.

Cheniere’s Sabine Pass plant shipped eight cargoes and its Corpus Christi facility sent four shipments.

Sempra’s Cameron LNG dispatched four shipments and Venture Global LNG’s Calcasieu Pass terminal two.

Elba Island and Cove Point each shipped two cargoes as well, EIA said, citing shipping data by Bloomberg Finance.

Freeport LNG did not ship any cargoes during the week under review.

It remains shut following an incident at the facility that took place on June 8. The LNG terminal operator delayed the restart of its 15 mtpa LNG export plant in Texas to November.

Henry Hub drops

This report week, the Henry Hub spot price fell $1.38 from $7.99 per million British thermal units (MMBtu) last Wednesday to $6.61/MMBtu this Wednesday, the agency said.

Moreover, the October 2022 NYMEX contract expired this Wednesday at $6.868/MMBtu, down 91 cents from last Wednesday, while the November 2022 NYMEX contract price decreased to $6.955/MMBtu, down 87 cents from last Wednesday.

The price of the 12-month strip averaging November 2022 through October 2023 futures contracts declined 50 cents to $5.741/MMBtu, the agency said.

TTF declined this week

According to the agency, international natural gas futures prices declined this report week.

Bloomberg Finance reported that weekly average futures prices for LNG cargoes in East Asia decreased $4.20 to a weekly average of $39.77/MMBtu.

Natural gas futures for delivery at the Dutch TTF decreased $3.17 to a weekly average of $53.45/MMBtu, the agency said.

- Advertisements -

Most Popular

QatarEnergy, ExxonMobil update on Golden Pass LNG work

Energy giants QatarEnergy and ExxonMobil released the latest construction update for their Golden Pass LNG export terminal on the...

LNG freight rates, European prices climb

Spot charter rates for the global liquefied natural gas (LNG) carrier fleet and European prices increased this week compared...

Samsung Heavy to sue Russia’s Zvezda over LNG carrier contract termination

South Korean shipbuilding giant Samsung Heavy Industries said it will sue Russian shipbuilder Zvezda after the latter decided to...

More News Like This

US weekly LNG exports reach 25 shipments

US liquefied natural gas (LNG) exports reached 25 shipments in the week ending June 12, and pipeline deliveries to...

Mercuria makes investment in US gas

Geneva-based trader Mercuria is investing in Black Bayou Energy Hub, a developer of a natural gas storage facility located...

Atlantic LNG shipping rates continue to climb, European prices drop

Atlantic spot liquefied natural gas (LNG) freight rates continued to increase this week, while European prices decreased compared to...

US weekly LNG exports reach 26 shipments

US liquefied natural gas (LNG) exports reached 26 shipments in the week ending June 5 and pipeline deliveries to...