EIA: US weekly LNG exports increase, Henry Hub price follows

EIA: US weekly LNG exports increase, followed by Henry Hub

Energy Information Administration (EIA) weekly report has shown that LNG exports from the U.S. went up this week, with Henry Hub prices going up as well.

Courtesy of Cheniere
EIA: US weekly LNG exports increase, Henry Hub price follows
Courtesy of Cheniere

For the period of 1o June to 16 June 2021, according to the latest Short-Term Energy Outlook, EIA reports that U.S. LNG exports increase week over week.

Eighteen LNG vessels with a combined LNG-carrying capacity of 65 billion cubic feet departed the United States.

Four were from Sabine Pass, four from Freeport, four from Corpus Christi, three were from Cove Point, and three from Cameron.

Henry Hub spot price rose from $3.10 per million British thermal units (MMBtu) last Wednesday to $3.17/MMBtu this week.

Natural gas deliveries to U.S. LNG export facilities (LNG pipeline receipts) averaged 9.4 Bcf/d, or 0.08 Bcf/d higher than last week.