Photo: Courtesy of Cheniere

EIA: US weekly LNG exports down by one

The U.S. Energy Information Administration (EIA) reports that LNG exports are down by one LNG carrier this week from last week.

EIA: US weekly LNG exports down by one
Courtesy of Cheniere

According to the latest Short-Term Energy Outlook from EIA, U.S. LNG exports decreased by one vessel for the period between 3 March and 9 March 2022 compared to the week before.

Twenty-three LNG vessels with a combined LNG-carrying capacity 85 f billion cubic feet departed the United States in this period.

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

The Henry Hub spot price fell from $4.65 per million British thermal units (MMBtu) last Wednesday to $4.56/MMBtu this week. Prices at major hubs settled within a narrow band of $1.06/MMBtu this week. In addition, prices at major hubs settled within a narrow band of $1.06/MMBtu this week.

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Natural gas deliveries to U.S. LNG export facilities averaged 12.8 Bcf/d, or 0.5 Bcf/d higher than last week.