EIA: U.S. LNG exports drop week on week
According to the U.S. Energy Information Administration (EIA) report, weekly LNG exports dropped to 18 LNG carriers, with the Henry Hub spot price going down as well.
In the latest Short-Term Energy Outlook for the week between 25 and 31 August, EIA reports 18 LNG vessels departed the United States. This is three less than the previously reported week.
Eight vessels departed from Sabine Pass, three each from Cameron and Corpus Christi, two from Cove Point, and one each from Calcasieu Pass and Elba Island. They held a combined LNG-carrying capacity of 67 billion cubic feet.
An LNG vessel discharged a cargo of approximately 3 Bcf at the Everett LNG Facility, near Boston, Massachusetts, operated by Constellation.
The Henry Hub spot price fell 34 cents from $9.29 per million British thermal units (MMBtu) last Wednesday to $8.95/MMBtu this week.
Natural gas deliveries to LNG export terminals in South Louisiana increased by 0.1 Bcf/d to 7.8 Bcf/d, while deliveries to terminals in South Texas decreased by 0.2 Bcf/d to 2.2 Bcf/d. Overall natural gas deliveries to U.S. LNG export terminals decreased by less than 0.1 Bcf/d and averaged 11.0 Bcf/d this week.