EIA: Henry Hub price climbs, Cheniere ships 3 Sabine Pass cargoes
Natural gas spot prices in the United States rose at most locations in the week ending May 3 with the Henry Hub price increasing 7¢ from last Wednesday.
The Henry Hub spot price rose from $3.02/MMBtu last Wednesday to $3.09/MMBtu two days ago, according to the weekly report by the Energy Information Administration issued on Thursday.
At the Chicago Citygate, prices increased 1¢ from last Wednesday to $2.94/MMBtu two days ago while prices at PG&E Citygate in Northern California stayed at the same level week over week at $3.27/MMBtu.
Three Sabine Pass cargoes
Natural gas pipeline flows to Cheniere’s Sabine Pass liquefaction terminal in Louisiana averaged 2.0 Bcf/d for the report week, 9% higher than the previous week.
Three vessels with a total LNG-carrying capacity of 10.4 Bcf departed Sabine Pass in the week under review while one vessel with LNG-carrying capacity of 3.8 Bcf was loading at the terminal on Wednesday, EIA said in the report,
Cheniere’s Sabine Pass liquefaction terminal, currently the only such a facility to ship U.S. shale gas overseas, has exported more than 100 cargoes of the fuel since February last year.
As of April this year, Sabine Pass LNG had reached 20 of the 39 LNG importing countries around the world, according to Cheniere.
Cheniere is developing up to six trains at the Sabine Pass terminal with each train expected to have a nominal production capacity of approximately 4.5 million tons per annum.