US weekly LNG exports rise to 22 cargoes

The US exported 22 LNG cargoes in the week ending May 5, while feed gas deliveries to liquefaction plants averaged 11.2 billion cubic feet.

Compared to the last week, natural gas deliveries to US LNG export plants dropped 0.13 Bcf/d as shipments rose by two, EIA’s weekly natural gas report shows.

Moreover, the Henry Hub spot price increased from $2.93/MMBtu last Wednesday to $2.97/MMBtu two days ago.

Reflecting the high variability in this report week’s weather, Henry Hub prices fell to a low of $2.85 last Thursday and rose as high as $3.01/MMBtu on Tuesday, EIA said.

As per the weekly shipments, six US terminals dispatched the 22 cargoes during the week of April 29-May 5. The total capacity of LNG vessels carrying these cargoes is 84 Bcf.

This compares to 20 cargoes with the vessels’ capacity of 73 Bcf in the week before.

In addition, Cheniere’s Sabine Pass plant dispatched seven shipments in the week under review, while its Corpus Christi plant sent five cargoes.

Freeport and Cameron shipped four cargoes, each, while Cove Point and Elba Island dispatched each one shipment.

Most Popular

South Korea’s Samsung Heavy secures order for LNG carrier quartet

South Korean shipbuilding giant Samsung Heavy Industries has secured an order to build four liquefied natural gas (LNG) carriers for approximately $1.05 billion.

TotalEnergies, GS Energy pen long-term LNG SPA

French energy giant TotalEnergies has entered into a long-term agreement with South Korea’s GS Energy to supply the latter with liquefied natural gas (LNG).

Greece’s Metlen seals LNG SPA with Petronas

Greece’s Metlen Energy & Metals and a unit of Malaysia's Petronas have signed a liquefied natural gas (LNG) sales and purchase agreement for LNG deliveries to Greece.

More News Like This

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.

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.

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.

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.