Photo: EIA: US weekly LNG exports slip, followed by Henry Hub prices

EIA: US weekly LNG exports slip, followed by Henry Hub prices

According to data from the Energy Information Administration (EIA), , exports of liquefied natural gas (LNG) from the United States slipped during the report week, bringing down Henry Hub prices.

EIA: US weekly LNG exports slip, followed by Henry Hub prices
EIA: US weekly LNG exports slip, followed by Henry Hub prices

For the period between 6 May and 12 May 2021, data from the United States Energy Information Administration shows that 21 LNG vessels with a combined LNG carrying capacity of 74 billion cubic feet departed the United States.

Seven tankers departed from Sabine Pass, four each from Corpus Christi and Freeport, three from Cameron, two from Cove Point, and one from Elba Island.

The Henry Hub spot price fell from $2.97 per million British thermal units (MMBtu) last Wednesday to $2.90/MMBtu this week.

Natural gas deliveries to U.S. LNG export facilities averaged 11.2 Bcf/d, about the same level as last week.