US weekly LNG exports drop to 21 cargoes

The US exported 21 LNG cargoes in the week ending May 12, while feed gas deliveries to liquefaction plants averaged 11.2 billion cubic feet.

Compared to the last week, natural gas deliveries to US LNG export plants remained at the same level as shipments declined by one, EIA’s weekly natural gas report shows.

Moreover, the Henry Hub spot price dropped from $2.97/MMBtu last Wednesday to $2.90/MMBtu two days ago.

Henry Hub prices were relatively flat, hovering around $2.90/MMBtu since last Thursday and dipping to a weekly low of $2.88/MMBtu on Tuesday, EIA said.

As per the weekly shipments, six US terminals dispatched the 21 cargoes during the week of May 6-May 12. The total capacity of LNG vessels carrying these cargoes is 74 Bcf.

This compares to 22 cargoes with the vessels’ capacity of 84 Bcf in the week before.

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

Freeport also shipped four cargoes while Cameron dispatched three shipments. Cove Point sent two cargoes and Elba Island dispatched one shipment as well.

Most Popular

Technip Energies wins contract for Eni’s Coral Norte FLNG

France-based LNG engineering giant Technip Energies has won a contract for preliminary work on Eni's second FLNG project in Mozambique, Coral Norte (Coral North).

Victrol: LNG London hits bunkering milestone

The Shell-chartered inland bunkering vessel LNG London, owned by a joint venture of Belgium's Victrol and France's Sogestran, has reached a new operational milestone.

Himalaya’s LNG-fueled bulkers earned $34,500 per day in June

LNG-powered bulker owner Himalaya Shipping achieved average time charter equivalent earnings of about $34,500 per day in June.

More News Like This

Cheniere’s Sabine Pass terminal ships 3,000th LNG cargo

Cheniere’s giant Sabine Pass LNG terminal in Louisiana has shipped the 3,000th cargo of liquefied natural gas since its launch in 2016.

US LNG exports reach 27 cargoes

US liquefied natural gas (LNG) plants shipped 27 cargoes during the week ending July 9. According to the Energy Information Administration, pipeline deliveries to the LNG terminals rose compared to the prior week.

Portugal’s Sines LNG import terminal hits new milestones

The Sines LNG import terminal in Portugal has reached two new milestones, according to Portugal’s power and gas firm and LNG terminal operator, REN.

EIA lowers Henry Hub price forecast

The US Energy Information Administration expects the Henry Hub spot price to average almost $3.40/MMBtu in the third quarter of this year, 16 percent less than last month’s forecast, according to its latest short-term energy outlook.