US weekly LNG exports rise to 20 cargoes

US liquefied natural gas (LNG) exports rose in the week ending September 14 when compared to the week before, according to the Energy Information Administration.

The agency said in its weekly natural gas report that 20 LNG carriers departed the US plants between September 8 and September 14, two more compared to the week before.

According to the agency, the total capacity of LNG vessels carrying these cargoes is 74 Bcf.

Also, natural gas deliveries to US LNG export facilities decreased by 0.1 Bcf/d to an average of 11.2 Bcf/d this report week.

Cheniere’s Sabine Pass plant shipped seven cargoes and its Corpus Christi facility sent four shipments.

Sempra’s Cameron LNG also dispatched four shipments, while Venture Global LNG’s Calcasieu Pass terminal shipped three cargoes.

Elba Island and Cove Point each shipped one cargo as well, EIA said, citing shipping data by Bloomberg Finance.

Freeport LNG did not ship any cargoes during the week under review.

It plant remains shut following an incident at the facility that took place on June 8. The LNG terminal operator delayed the restart of its 15 mtpa LNG export plant in Texas to November.

Henry Hub rises

This report week, the Henry Hub spot price rose 56 cents from $8.13 per million British thermal units (MMBtu) last Wednesday to $8.69/MMBtu this Wednesday, the agency said.

Moreover, the price of the October 2022 NYMEX contract increased $1.272, from $7.842/MMBtu last Wednesday to $9.114/MMBtu this Wednesday.

The price of the 12-month strip averaging October 2022 through September 2023 futures contracts climbed 89.9 cents to $7.424/MMBtu, the agency said.

TTF drops

According to the agency, international natural gas futures prices declined this report week.

Bloomberg Finance reported that weekly average futures prices for LNG cargoes in East Asia decreased $2.88 to a weekly average of $53.19/MMBtu.

Natural gas futures for delivery at the Dutch TTF decreased $5.68 to a weekly average of $60.81/MMBtu, the agency said.

Most Popular

McDermott bags Monkey Island LNG gig

Houston-based McDermott has secured a contract from Monkey Island LNG for its planned natural gas liquefaction facility in Cameron Parish, Louisiana.

Gazprom supplying gas from Kaliningrad FSRU

Gas giant Gazprom has completed tests at its 174,000-cbm FSRU Marshal Vasilevskiy off Russia's Kaliningrad, located between Lithuania and Poland. The firm said...

GTT develops new LNG fuel tank

French LNG containment giant GTT has developed a new cubic-shaped LNG fuel tank for commercial vessels, with a particular focus on LNG-fueled container vessels.

More News Like This

Atlantic LNG shipping rates remain steady this week

Atlantic spot LNG shipping remained steady this week, while Pacific prices dropped compared to last week.

US LNG exports climb to 34 cargoes

US liquefied natural gas (LNG) plants shipped 34 cargoes during the week ending September 10. According to the Energy Information Administration, pipeline deliveries to the LNG terminals decreased compared to the prior week.

Shell pens US LNG supply deal with Edison

UK-based LNG giant Shell has signed a long-term deal to supply US LNG to Italian energy firm Edison, a unit of EDF.

Spot LNG shipping rates continue to drop

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