EIA: US weekly LNG exports and Henry Hub price rise

EIA: US weekly LNG exports and Henry Hub price rise

Infrastructure

The U.S. Energy Information Administration (EIA) reported increased weekly liquefied natural gas (LNG) exports and Henry Hub price.

Courtesy of Cheniere
EIA: US weekly LNG exports and Henry Hub price rise
Courtesy of Cheniere

EIA reveals in the latest Short-Term Energy Outlook report that LNG exports increase week over week, followed by the Henry Hub spot price that rose from $3.33 per million British thermal units (MMBtu) last Wednesday to $3.72/MMBtu this Wednesday.

Between 24 June and 30 June, twenty-one LNG vessels departed the United States.

Seven LNG vessels were from Sabine Pass, five were from Corpus Christi, four from Freeport, three from Cameron, and one each from Cove Point and from Elba Island.

They held a combined LNG-carrying capacity of 76 billion cubic feet.

Two tankers were loading this Wednesday; one each at Cameron and Sabine Pass.

Natural gas deliveries to U.S. liquefied natural gas export facilities averaged 11.1 Bcf/d, or 1.09 Bcf/d higher than last week.