US LNG exports drop on week

Liquefied natural gas (LNG) exports from the United States decreased during the week that ended May 23, the Energy Information Administration said in its weekly natural gas report.

Five LNG carriers, with a combined capacity of 18.8 billion cubic feet (Bcf), departed the two exporting facilities in the United States from May 17 to May 23. Four tankers left Cheniere’s Sabine Pass liquefaction terminal while one tanker departed from Dominion Cove Point, according to EIA.

This compares to seven LNG carriers, with a total carrying capacity of 25.8 Bcf, that were dispatched the week before.

The natural gas feedstock to both of the terminals averaged 2.8 Bcf/d during the report week as compared to 3.5 Bcf/d last week, the report said.

Worth mentioning, Cheniere Energy made a positive final investment decision this week for the third liquefaction unit at its Corpus Christi facility under construction in Texas.

Each train of the total three units is expected to have a nominal production capacity of about 4.5 mtpa of LNG.