US weekly LNG exports rise to six cargoes

The United States exported in total six liquefied natural gas (LNG) cargoes in the week ending August 29.

Five of these cargoes departed from Cheniere’s Sabine Pass facility and one from the Dominion Cove Point plant, with a combined LNG-carrying capacity of 22 Bcf, according to the Energy Information Administration.

This compares to five LNG vessels with a combined carrying capacity of 18.1 Bcf that departed the US in the week before.

One LNG tanker with a capacity of 3.9 Bcf was also loading at the Cove Point terminal on Wednesday, EIA said in its weekly natural gas report.

The natural gas feedstock to the two LNG terminals averaged 3.1 Bcf/d during the week under review, compared to 3.3 Bcf/d last week.

Henry Hub spot prices fell from $2.99 per million British thermal units (MMBtu) last Wednesday to $2.96/MMBtu on August 29, EIA said.