US weekly LNG exports drop to 17 cargoes

The US exported 17 LNG shipments in the week ending June 9, while feed gas deliveries to liquefaction plants averaged 9.4 billion cubic feet.

Compared to the last week, natural gas deliveries to US LNG export plants dropped by 1.50 Bcf/d as shipments decreased by four, the Energy Information Administration said in its weekly natural gas report.

“Maintenance at LNG facilities is typical during the shoulder seasons, spring and fall, which can lead to lower feedgas consumption and results in lower export volumes,” the agency said.

Looking at the weekly shipments, four US terminals dispatched the 17 cargoes during the week of June 3-June 9. The total capacity of LNG vessels carrying these cargoes is 61 Bcf.

This compares to 76 Bcf in the week before and 21 shipments.

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

Freeport also shipped four cargoes as three shipments departed from the Cameron facility.

“Three tankers were loading on Wednesday—one each at Cove Point, Corpus Christi, and Sabine Pass,” the agency said.

The Henry Hub spot price rose from $3.05/MMBtu last Wednesday to $3.10/MMBtu two days ago after declining as low as $2.96/MMBtu on Friday, it said.

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