EIA: US weekly LNG exports dip, Henry Hub prices go up

EIA: US weekly LNG exports dip, Henry Hub prices go up

Infrastructure

Weekly exports of liquefied natural gas (LNG) from the United States have dropped week over week, according to data from the Energy Information Administration (EIA).

Courtesy of Cheniere
EIA: US weekly LNG exports dip, Henry Hub prices go up
Courtesy of Cheniere

For the period between 3 June and 9 June, in its latest Short-Term Energy Outlook, EIA reports that U.S. LNG exports decreased.

Seventeen LNG vessels with a combined LNG-carrying capacity of 61 billion cubic feet departed the United States.

Six were from Sabine Pass, four each from Freeport and Corpus Christi, and three from Cameron. Three tankers were loading on Wednesday; one each at Cove Point, Corpus Christi, and Sabine Pass.

The Henry Hub spot price rose from $3.05 per million British thermal units (MMBtu) last Wednesday to $3.10/MMBtu this Wednesday.

Natural gas deliveries to U.S. LNG export facilities averaged 9.4 Bcf/d, or 1.50 Bcf/d lower than the previous report week.