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EIA said in its weekly natural gas storage report that the LNG-carrying capacity of vessels departing US ports was 133 Bcf, down 7 Bcf from the previous week.
Cheniere’s Sabine Pass plant shipped nine LNG cargoes, and the company’s Corpus Christi facility sent six shipments during the week ending April 15, according to the report.
Moreover, Venture Global LNG’s Plaquemines terminal sent six cargoes, while the Freeport LNG facility and Sempra Infrastructure’s Cameron LNG terminal each shipped five cargoes.
Venture Global’s Calcasieu Pass facility shipped three cargoes, and the Cove Point facility sent two cargoes.
The Elba Island LNG facility did not send LNG cargoes during the week under review.
Henry Hub down
EIA reported that the Henry Hub spot price fell by 5 cents from $2.80/MMBtu last Wednesday to $2.75/MMBtu this Wednesday.
The agency said last Friday’s price of $2.65/MMBtu was the lowest since June 2025.
Total US demand for natural gas fell by 6.8 Bcf/d (10 percent) compared with last week, according to LSEG data.
Most of the decrease was due to a 6.4 Bcf/d (31 percent) reduction in the residential and commercial sector.
Meanwhile, the average total supply of natural gas also decreased, mainly from a 1.2 Bcf/d (1 percent) decrease in dry production this week, EIA said.
On balance, average demand decreased more than supply, contributing to lower spot natural gas prices, it said.
Temperatures were warmer across the US this past week, with above-average ranges also reported across the country.
Relatively comfortable conditions in mid-April reduce natural gas demand for heating and cooling, with most states reporting temperature readings between 40°F–75°F, EIA said.
TTF averaged $15.23/MMBtu
EIA said that the price at the Dutch Title Transfer Facility in Europe averaged $15.23/MMBtu, $1.65 lower than the previous week.
Moreover, the Japan-Korea Marker price averaged $19.38/MMBtu, 47 cents lower than the previous week.
This week’s JKM and TTF prices were 82 percent and 38 percent higher, respectively, than prices for the week ending February 25, the last full week before the disruption of LNG deliveries through the Strait of Hormuz, which typically account for approximately 20 percent of global LNG supply, EIA said.