AmericasLNG Terminals

US weekly LNG exports hit record low

By Mirza Duran
US weekly LNG exports hit record low
US weekly LNG exports hit record low

US LNG exports have dropped considerably reaching their weekly lows as the Covid-19 pandemic continues to destroy demand all over the globe.

EIA said in its weekly gas natural gas report that four US terminals dispatched only four LNG cargoes during the week July 9-July 15.

The total capacity of the LNG vessels carrying these cargoes is 15 billion cubic feet.

This compares to six LNG ships with a combined capacity of 22 billion cubic feet the week before.

Cheniere’s Sabine Pass plant in Louisiana shipped two cargoes in the week under review.

Dominion’s Cove Point plant in Maryland and Sempra’s Cameron terminal dispatched one shipment, each.

EIA said this weekly export volume is the lowest since December 8, 2016 when only Sabine Pass operated with two trains.

The Henry Hub spot price dropped from $1.79 per million British thermal units last Wednesday to $1.71/MMBtu recorded this Wednesday.

Natural gas deliveries to US LNG export plants increased slightly to 3.3 billion cubic feet per day from the 3.1 Bcf/d recorded the week before, EIA data shows.

Most Popular

Corporate

Daniel Kalms leaves Woodside

Woodside's executive vice president and chief operating officer international, Daniel Kalms, is leaving the Australian LNG player.
Vessels

Hanwha Ocean launches Singapore’s first FSRU

South Korean shipbuilder Hanwha Ocean has launched MOL’s floating storage and regasification unit (FSRU), which will serve Singapore’s second LNG import terminal.
Contracts and Tenders

Lithuania’s Ignitis to sign long-term LNG supply deal with EQT

Lithuanian state-controlled energy company Ignitis will sign a long-term LNG supply and purchase agreement with a unit of US natural gas producer EQT following the completion of a tender.

More News Like This

LNG Terminals

Atlantic spot LNG rates rise to $20,000 per day

Atlantic spot LNG shipping rates rose for the second week in a row, rising $4,500 week-on-week to $20,000 per day, according to Spark Commodities.
LNG Terminals

US weekly LNG exports rise to 36 shipments

US liquefied natural gas (LNG) plants sent 36 cargoes during the week ending September 9, up by three shipments from the week before, according to the Energy Information Administration.
LNG Terminals

Atlantic spot LNG rates rise for first time in seven weeks

Atlantic spot LNG shipping rates rose for the first time in seven weeks, rising $3,750 week-on-week to $15,500 per day, according to Spark Commodities.
LNG Terminals

US weekly LNG exports reach 32 shipments

US liquefied natural gas (LNG) plants sent 32 cargoes during the week ending September 2, up one shipment from the week before, according to the Energy Information Administration.