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

Technip Energies wins contract for Eni’s Coral Norte FLNG

France-based LNG engineering giant Technip Energies has won a contract for preliminary work on Eni's second FLNG project in Mozambique, Coral Norte (Coral North).

Victrol: LNG London hits bunkering milestone

The Shell-chartered inland bunkering vessel LNG London, owned by a joint venture of Belgium's Victrol and France's Sogestran, has reached a new operational milestone.

Atlantic LNG shipping rates dip, European prices up

Atlantic spot LNG shipping rates decreased this week, marking the largest week-on-week decline since January.

More News Like This

Cheniere’s Sabine Pass terminal ships 3,000th LNG cargo

Cheniere’s giant Sabine Pass LNG terminal in Louisiana has shipped the 3,000th cargo of liquefied natural gas since its launch in 2016.

US LNG exports reach 27 cargoes

US liquefied natural gas (LNG) plants shipped 27 cargoes during the week ending July 9. According to the Energy Information Administration, pipeline deliveries to the LNG terminals rose compared to the prior week.

Portugal’s Sines LNG import terminal hits new milestones

The Sines LNG import terminal in Portugal has reached two new milestones, according to Portugal’s power and gas firm and LNG terminal operator, REN.

EIA lowers Henry Hub price forecast

The US Energy Information Administration expects the Henry Hub spot price to average almost $3.40/MMBtu in the third quarter of this year, 16 percent less than last month’s forecast, according to its latest short-term energy outlook.