EIA: Henry Hub price rises
The Henry Hub spot price in the United States in the week ending September 21 rose 10¢ from last Wednesday, the Energy Information Administration said in its weekly report.
The Henry Hub spot price rose from $3.04/million British thermal units (MMBtu) last Wednesday to $3.14/MMBtu two days ago, the EIA said in its report issued on Thursday.
At the Chicago Citygate, prices increased 17¢ from $2.92/MMBtu last Wednesday to $3.09/MMBtu two day ago, while prices at PG&E Citygate in Northern California gained 14¢, rising from $3.42/MMBtu last Wednesday to $3.56/MMBtu this Wednesday, the EIA said.
According to data from PointLogic, the average total supply of natural gas fell by 1% compared with the previous report week. Dry natural gas production decreased by 1% from the last report week. Average net imports from Canada decreased by 2%.
Sabine Pass maintenance
The natural gas pipeline flows to Cheniere’s Sabine Pass liquefaction terminal on the U.S. Gulf Coast averaged 0.2 Bcf/d this report week, 82% lower than last week, the EIA said.
The pipeline deliveries declined last week as the terminal prepared for planned maintenance, as previously reported by LNG World News.
The maintenance was scheduled to improve performance of the wet/dry flare systems shared by Trains 1 and 2, and to carry out maintenance of other facilities. During maintenance, which is expected to last approximately four weeks, both liquefaction trains will be completely shut down.
However, the terminal may still receive nominal natural gas deliveries—10 million cubic feet per day (MMcf/d) to 100 MMcf/d—as part of the commissioning of Train 3, the EIA noted in the report.
The terminal had no LNG exports last week since the last LNG-carrying vessel departed the facility on September 11, the agency added.