Photo: Courtesy of Cheniere

EIA: US weekly LNG exports and Henry Hub price go up

The U.S. Energy Information Administration (EIA) report says that weekly LNG exports are up this week, also followed by the Henry Hub spot price.

EIA: US weekly LNG exports and Henry Hub price go up
Courtesy of Cheniere

According to the latest Short-Term Energy Outlook from EIA, U.S. LNG exports increase by two vessels this week from last week.

In total, 25 LNG carriers departed the United States between 24 March and 30 March 2022. They held a combined LNG-carrying capacity of 93 billion cubic feet.

Eight LNGCs departed from Sabine Pass, five from Freeport, four from Corpus Christi, three from Cameron, two each from Calcasieu Pass and Cove Point, and one from Elba Island.

In addition, Henry Hub spot price rose from $5.26 per million British thermal units (MMBtu) last Wednesday to $5.34/MMBtu this week.

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Natural gas deliveries to U.S. LNG export facilities (LNG pipeline receipts) averaged 13.2 Bcf/d, or 0.3 Bcf/d higher than last week.