EIA: US LNG exports lower than last week
According to the U.S. Energy Information Administration (EIA) report, weekly LNG exports have decreased by five vessels from last week, with Henry Hub prices going up.
In the latest Short-Term Energy Outlook report for the week between 4 August and 10 August, EIA says 17 vessels departed the United States. This is five less than last week.
Eight LNG carriers departed from Sabine Pass, four from Corpus Christi, three from Cameron, and one each from Calcasieu Pass and Cove Point. They held a combined LNG-carrying capacity of 64 billion cubic feet.
The Henry Hub spot price rose six cents from $7.83 per million British thermal units (MMBtu) last Wednesday to $7.89/MMBtu this week.
Natural gas deliveries to LNG export terminals in South Louisiana and South Texas were flat this week at 7.4 Bcf/d and 2.3 Bcf/d, respectively. Natural gas deliveries to terminals along the East Coast decreased slightly, by less than 0.1 Bcf/d, to 1.0 Bcf/d. Deliveries to Calcasieu Pass in Louisiana were on average about 400 MMcf/d lower than last week, whereas deliveries to Sabine Pass averaged about 300 MMcf/d higher than a week ago.