US weekly LNG exports reach 20 cargoes

The US exported 20 LNG shipments in the week ending September 8, 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 rose by 0.4 Bcf/d, the Energy Information Administration said in its weekly natural gas report.

Five US terminals exported the 20 cargoes during the week of September 1-September 8. The total capacity of LNG vessels carrying these cargoes is 74 Bcf.

This compares to 73 Bcf in the week before and 20 shipments.

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

Freeport and Cameron each dispatched four cargoes, as one cargo departed from the Cove Point facility.

The Henry Hub spot price rose from $4.46/MMBtu last Wednesday to a weekly high of $4.78/MMBtu two days ago, it said.

The agency said the spot price on Wednesday was more than 105 percent above the Henry Hub price on the same day last year, and the highest September spot price since September 2008, when Hurricane Ike affected offshore production in the Gulf of Mexico.

- Advertisements -

Most Popular

Perenco takes stake in Golar LNG

London-based oil and gas firm Perenco has purchased a stake in floating LNG player Golar LNG. According to a SEC...

Singapore LNG bunkering volumes hit new record

Singapore’s liquefied natural gas (LNG) bunkering sales reached a new record in May, according to Singapore’s Maritime and Port...

Singapore’s Temasek says to sell Pavilion to Shell

Singapore's investment firm Temasek said it had agreed to sell 100 percent of its shares in Pavilion Energy 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...