US weekly LNG exports flat, Henry Hub down

The US exported eighteen LNG cargoes in the week ending November 18 while feed gas deliveries to liquefaction plants averaged 10.2 billion cubic feet.

Compared to the last week, natural gas deliveries to US LNG export plants decreased some 0.06 Bcf/d while shipments were flat, EIA said in its weekly natural gas report.

As per the shipments, five US terminals dispatched the eighteen cargoes during the week November 12-18. The total capacity of LNG vessels carrying these cargoes is 64 Bcf.

This compares to eighteen cargoes with the vessels’ capacity of 65 Bcf in the week before.

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

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

Cove Point sent one shipment of LNG during the observed week.

Furthermore, two more tankers were loading on November 18 – one at Freeport terminal and one at Corpus Christi, EIA said.

Compared to the previous week, the Henry Hub spot price dropped from $2.77/MMBtu last Wednesday to $2.36/MMBtu two days ago.

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