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.