EIA: US LNG exports go up by 5 from last week

EIA: US LNG exports go up by 5 from last week

Infrastructure

Energy Information Administration (EIA) showed in its weekly report that U.S. LNG exports went up by five vessels this week from last week.

Courtesy of Cheniere
EIA: US LNG exports go up by 5 from last week
Courtesy of Cheniere

In its latest Short-Term Energy Outlook for the period between 20 January and 26 January, EIA reports that 25 LNG vessels departed the United States. Specifically, this is five more vessels than the previous report week.

The vessels held a combined LNG-carrying capacity of 91 billion cubic feet. Eight departed from Sabine Pass, five from Corpus Christi, four each from Cameron and Freeport, and two each from Cove Point and Elba Island.

The Henry Hub spot price, however, fell from $4.74 per million British thermal units (MMBtu) last Wednesday to $4.37/MMBtu this week.

Natural gas exports to Mexico increased 4.6 per cent (0.3 Bcf/d) while natural gas deliveries to LNG export facilities averaged 12.7 Bcf/d, or 0.1 Bcf/d lower than last week.