EIA: US weekly LNG exports drop by four

The U.S. Energy Information Administration (EIA) report says that weekly LNG exports are down by four vessels this week from last week.

EIA stated in its weekly LNG exports report that 23 LNG vessels departed the United States between 10 February and 16 February 2022. This is four LNG carriers less than the last reported week.

Eight ships departed from Sabine Pass, five from Freeport, four from Cameron, three from Corpus Christi, two from Cove Point, and one from Elba Island. They held a combined LNG-carrying capacity of 85 billion cubic feet.

On the other hand, the Henry Hub spot price rose from $4.06 per million British thermal units (MMBtu) last Wednesday to $4.39/MMBtu this week.

Natural gas deliveries to LNG export facilities averaged 12.6 Bcf/d, or 0.2 Bcf/d higher than last week.