LNG exports from the U.S. increased this week, while Henry Hub spot prices fell, according to weekly data from the Energy Information Administration (EIA).
In the latest Short-Term Energy Outlook, EIA reports that U.S. LNG exports climbed this week from the last report week.
Twenty-two LNG vessels departed the United States in the reporting period of 28 October to 3 November 2021. Six departed from Sabine Pass , five each from Corpus Christi and Freeport, four from Cameron, and one each from Cove Point and Elba Island.
The vessels held a combined LNG-carrying capacity of 80 billion cubic feet.
On the other hand, the Henry Hub spot price fell from $5.86 per million British thermal units (MMBtu) last Wednesday to $5.59/MMBtu this week.
Furthermore, natural gas deliveries to U.S. LNG export facilities (LNG pipeline receipts) averaged 10.9 Bcf/d, or about 0.3 Bcf/d higher than last week.