Photo: Courtesy of Cheniere

EIA: US weekly LNG exports up by six vessels

According to the U.S. Energy Information Administration (EIA) report, weekly LNG exports have increased by six vessels from last week, with Henry Hub prices also going up.

EIA: US weekly LNG exports up by six vessels
Courtesy of Cheniere

In the latest Short-Term Energy Outlook report for the week between 14 April and 20 April, EIA says 26 vessels departed the United States.

Ten LNG carriers left from Sabine Pass, five from Corpus Christi, four from Cameron, three from Freeport, two from Cove Point, and one each from Calcasieu Pass and Elba Island. They held a combined LNG-carrying capacity of 97 billion cubic feet.

Moreover, this report week had the highest number of export cargoes departing the country since the week of 3 February to 9 February 2022, when 27 LNGCs departed.

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Henry Hub spot price rose from $6.70 per million British thermal units (MMBtu) last Wednesday to $7.04/MMBtu this week

Natural gas deliveries to U.S. LNG export facilities averaged 12.2 Bcf/d, which is 0.2 Bcf/d lower than last week.