US weekly LNG exports rise

The United States exported more liquefied natural gas cargoes in the week ending May 6 when compared to the week before, according to the Energy Information Administration.

The agency said in its weekly gas natural gas report that five US terminals dispatched 15 LNG shipments between April 30 and May 6.

The total capacity of the LNG vessels carrying these cargoes is 54 billion cubic feet.

This compares to 13 LNG ships with a combined LNG-carrying capacity of 48 billion cubic feet the week before.

Out of the 15 LNG shipments, Cheniere’s Sabine Pass plant in Louisiana dispatched six cargoes while additional three cargoes left the company’s Corpus Christi terminal in Texas.

The Sempra-led Cameron LNG facility also exported three shipments during the week under review.

The Freeport LNG terminal shipped two cargoes, while Dominion’s Cove Point liquefaction plant in Maryland exported one cargo.

There was also one vessel loading at the Cove Point terminal on Wednesday.

The amount of gas flowing to US LNG export plants increased to 7.7 billion cubic feet during the week under review from the 7.4 bcfd recorded the week before.

The Henry Hub spot price increased from $1.70 per million British thermal units last Wednesday to $1.88/MMBtu recorded this Wednesday, EIA data shows.

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