Photo: Courtesy of Cheniere

EIA: US weekly LNG exports increase, Henry Hub spot price falls

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).

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

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.

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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.