Photo: Courtesy of Cheniere

EIA: US weekly LNG exports rise, Henry Hub drops

Liquefied natural gas (LNG) exports increased with Henry Hub prices going down this week, reports the U.S. Energy Information Administration.

EIA: US weekly LNG exports rise, Henry Hub drops
Courtesy of Cheniere

In the latest Short-Term Energy Outlook for the week of 4 March to 10 March 2021, EIA reveals the Henry Hub spot price fell from $2.84 per million British thermal units (MMBtu) last Wednesday to $2.60/MMBtu this Wednesday.

Natural gas spot prices fell at most locations in this time frame.

U.S. LNG exports increase yet another week. Twenty-two LNG vessels departed the United States, while the last week saw seventeen.

Nine departed LNG vessels were from Sabine Pass, five were from Corpus Christi, four from Cameron, three from Freeport, and one was from Elba Island.

Their combined LNG-carrying capacity amounts to 80 billion cubic feet.

Natural gas deliveries to U.S. LNG export facilities (LNG pipeline receipts) averaged 10.6 Bcf/d, or 0.87 Bcf/d higher than last week.