EIA: US LNG exports climb this week

EIA: US LNG exports climb this week

Infrastructure

Liquified natural gas (LNG) exports from the U.S. increased this week together with Henry Hub prices, as shown by the data from the Energy Information Administration (EIA).

Courtesy of Cheniere
EIA: US LNG exports climb this week
Courtesy of Cheniere

EIA noted that for the week between 19 August and 25 August, a total of 18 LNG vessels departed the U.S. facilities.

Six departed from Sabine Pass, four from Corpus Christi, three each from Cameron and Freeport, and one each from Cove Point and Elba Island. They held a combined LNG-carrying capacity of 67 billion cubic feet.

The week before resulted in 16 vessels and 57 billion cubic feet of combined LNG-carrying capacity.

The Henry Hub spot price rose from $3.86 per million British thermal units (MMBtu) last Wednesday to $4.01/MMBtu this week.