US LNG exports drop on week

The US exported twelve LNG cargoes in the week ending October 14 with feed gas deliveries to liquefaction plants down to 6.6 billion cubic feet.

Compared to the last week, natural gas deliveries to US LNG export plants decreased some 0.7 Bcf/d while shipments were lower for two cargoes, EIA said in its weekly natural gas report.

Four US terminals dispatched the twelve cargoes during the week October 8-14. The total capacity of LNG vessels carrying these cargoes is 54 Bcf, EIA said citing Marine Traffic shipping data.

This compares to fourteen LNG cargoes with the vessels’ capacity of 52 Bcf in the week before.

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

Additionally, the Freeport terminal shipped four cargoes while the Elba Island plant dispatched one cargo of the fuel.

Following Hurricane Delta, Cameron LNG restarted production on October 11. On the other side, Sabine Pass continued to operate and had a ride-out crew onsite during the storm.

Compared to the previous week, the Henry Hub spot price remained flat at $2.03 per million British thermal units (MMBtu), EIA said.

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