US weekly LNG exports low

US weekly LNG exports are still at low levels as the Covid-19 pandemic continues to destroy demand all over the globe and push down prices.

EIA said in its weekly gas natural gas report that three US terminals dispatched only seven LNG cargoes during the week July 16-July 22.

The total capacity of the LNG vessels carrying these cargoes is 25 billion cubic feet.

This represents a rise when compared to record low four LNG ships with a combined capacity of 15 billion cubic feet the week before.

But the utilization of US terminals is still at very low levels with some facilities not shipping cargoes at all.

Sempra’s Cameron LNG terminal in Louisiana dispatched three shipments in the week under review.

Cheniere’s Sabine Pass plant in Louisiana and Dominion’s Cove Point plant in Maryland shipped two cargoes, each.

Natural gas deliveries to US LNG export plants increased to 3.7 billion cubic feet per day from the 3.3 Bcf/d recorded the week before, EIA data shows.

The Henry Hub spot price dropped from $1.71 per million British thermal units last Wednesday to $1.64/MMBtu recorded this Wednesday.

- Advertisements -

Most Popular

VesselsValue: Japan has the world’s most valuable LNG fleet

Japan owns the world’s most valuable fleet of liquefied natural gas (LNG) carriers, followed by Greece and South Korea,...

Four firms plan to liquefy e-methane at Cameron LNG and ship it to Japan

Japan's Tokyo Gas, Osaka Gas, Toho Gas, and Mitsubishi have revealed plans to produce synthetic methane or e-methane in...

LNG freight rates drop below $300,000 per day

Spot charter rates for the global LNG carrier fleet are continuing to decline in both basins and now they...

More News Like This

US weekly LNG exports rise to 22 shipments

US liquefied natural gas (LNG) exports rose in the week ending November 16 when compared to the week before,...

France was top destination for US LNG supplies in September

France was the top destination for US LNG exports in September as Europe continues to receive most of the...

Freeport LNG says still working to restart operations

Freeport LNG, the operator of the three-train 15 mtpa liquefaction plant in Texas, is still working to restart operations at...

US weekly LNG exports reach 21 shipments

US liquefied natural gas (LNG) exports remained flat in the week ending November 9 when compared to the week...