Photo: Courtesy of Cheniere

EIA: US weekly LNG exports go up, Henry Hub prices drop

Weekly LNG exports increased week over week, while Henry Hub spot prices lowered, according to the U.S. Energy Information Administration (EIA) report.

EIA: US weekly LNG exports go up, Henry Hub prices drop
Courtesy of Cheniere

For the period between 16 September and 22 September, in its latest Short-Term Energy Outlook, EIA reports that the Henry Hub spot price fell from $5.60 per million British thermal units (MMBtu) last Wednesday to $4.83/MMBtu this week.

Also, U.S. natural gas spot prices fell at most locations this report week.

U.S. LNG exports increase week over week. 21 LNG vessels departed the United States. They held a combined LNG-carrying capacity of 76 billion cubic feet.

Nine ships left from Sabine Pass, five were from Corpus Christi, four were from Cameron, and one each was from Cove Point, Elba Island, with one that was from Freeport.

Freeport typically loads three or four vessels per week, so this week was an anomaly.

Natural gas deliveries to LNG export facilities averaged 9.8 Bcf/d, or 0.62 Bcf/d lower than last week.