US weekly LNG exports dip to seven cargoes

US LNG exports dropped to seven cargoes in the week ending August 26 with feed gas deliveries to liquefaction plants also down to 4.2 billion cubic feet.

LNG exports are still very low compared to pre-Covid levels and a feed gas of 8 Bcf/d recorded in January.

The Energy Information Agency agency said in its weekly gas natural gas report that five US terminals dispatched the seven cargoes during the week August 20-August 26.

The total capacity of the LNG vessels carrying these cargoes is 26 bcf.

This compares to eleven cargoes with a capacity of 40 bcf the week before.

Cheniere’s Sabine Pass plant dispatched two cargoes while its Corpus Christi facility dispatched one cargo during the week under review.

The Sempra-led Cameron LNG facility also shipped two cargoes, while the Dominion Cove Point facility and Freeport LNG sent one cargo, each.

The Henry Hub spot price increased from $2.36 per million British thermal units last Wednesday to $2.51/MMBtu recorded this Wednesday, after reaching a high of $2.52/MMBtu on Monday and Tuesday.

Furthermore, Hurricane Laura hit Texas and Louisiana on Thursday as a strong Category 4 storm.

The Sabine Pass and the Cameron facilities are located in the direct path of the hurricane with both facilities suspending operations and implementing a controlled shutdown.

Cheniere and Sempra are yet to reveal the condition of the liquefaction plants.

Most Popular

Venture Global wins Calcasieu Pass arbitration against Shell

US LNG exporter Venture Global LNG has won an arbitration case against UK-based LNG giant Shell over LNG sales from the Calcasieu Pass plant in Louisiana.

Excelerate working to expand Jamaican LNG business

US FSRU player Excelerate Energy has already made some smaller investments to further optimize its recently acquired LNG business in Jamaica, according to CEO Steven Kobos.

AG&P LNG inks offtake MoU for Australian LNG import project

Nebula Energy’s AG&P LNG said it had signed a memorandum of understanding with an Australian integrated energy provider under which the latter may become a significant offtaker of the proposed Outer Harbor LNG terminal in South Australia.

More News Like This

EIA: Henry Hub to climb in Q4 on higher LNG exports

The US Energy Information Administration expects the Henry Hub natural gas spot price to rise from an average of $3.20/MMBtu in July to $3.90/MMBtu in the fourth quarter of this year and $4.30/MMBtu next year due to an increase in US LNG exports.

LNG shipping rates remain steady, European prices down

Spot charter rates for the global liquefied natural gas (LNG) carrier fleet remained steady this week, while European prices dropped compared to the previous week.

US LNG exports climb to 30 shipments

US liquefied natural gas (LNG) plants shipped 30 cargoes during the week ending August 6. According to the Energy Information Administration, pipeline deliveries to the LNG terminals increased compared to the prior week.

Targray plans to export US bio-LNG to Europe

New York-based Targray Industries, a unit of Canada's Targray, plans to export small quantities of bio-LNG in ISO containers from the US and deliver it to Europe and Japan.