Gas deliveries to US LNG export terminals continue to hit record highs

The US exported eighteen LNG cargoes in the week ending November 11 while feed gas deliveries to liquefaction plants continued to reach new records.

Compared to the last week, natural gas deliveries to US LNG export plants increased some 0.2 Bcf/d to total 10.2 Bcf/d while shipments were lower for four cargoes, EIA said in its weekly natural gas report.

Furthermore, deliveries reached 10.5 Bcf/d on November 11, surpassing the previous record high set last week.

As per the shipments, six US terminals dispatched the eighteen cargoes during the week November 5-11. The total capacity of LNG vessels carrying these cargoes is 65 Bcf.

This compares to twenty-two LNG cargoes with the vessels’ capacity of 82 Bcf in the week before.

Cheniere’s Sabine Pass plant sent eight cargoes in the week under review while its Corpus Christi plant dispatched one shipment.

Additionally, Cameron dispatched four cargoes of the fuel while the Freeport terminal shipped three cargoes.

Cove Point and Elba Island sent one shipment of LNG each during the observed week.

Compared to the previous week, the Henry Hub spot price rose from $2.60/MMBtu last Wednesday to $2.77/MMBtu two days ago.

Most Popular

Excelerate in $700 million senior notes offering

US FSRU player Excelerate Energy aims to raise about $700 million via an offering of unsecured senior notes due 2030.

Adnoc, ENN seal 15-year LNG SPA

UAE’s Adnoc has signed a 15-year sales and purchase agreement with Chinese independent gas distributor ENN to supply the latter with LNG from its LNG terminal in Al Ruwais.

LNG shipping rates continue to decrease

Spot LNG freight shipping rates in both basins continued to decrease this week, while European prices increased compared to last week.

More News Like This

LNG shipping rates continue to decrease

Spot LNG freight shipping rates in both basins continued to decrease this week, while European prices increased compared to last week.

US LNG exports climb to 34 cargoes

US liquefied natural gas (LNG) plants shipped 34 cargoes during the week ending April 16. According to the Energy Information Administration, pipeline deliveries to the LNG terminals increased compared to the prior week.

Venture Global launches Calcasieu Pass LNG commercial ops

US LNG exporter Venture Global LNG has launched commercial operations at its Calcasieu Pass LNG terminal in Louisiana, some 68 months from its final investment decision and 38 months after production start.

India’s GAIL seeks stake in US LNG project

India’s largest gas utility, GAIL, has launched a tender to take equity and buy volumes from a US LNG export project.