U.S. LNG exports decline on week to three cargoes
Cheniere’s Sabine Pass liquefaction terminal in Louisiana has seen fewer cargoes depart the facility in the week ending October 18, according to the Energy Information Administration.
Three vessels with a combined LNG-carrying capacity of 11.2 billion cubic feet (Bcf) have departed the plant since Wednesday last week. This compares to five vessels with a capacity of 18.4 Bcf the week before.
One vessel with a capacity of 3.8 Bcf was loading at the terminal on Wednesday.
Natural gas pipeline deliveries to Sabine Pass averaged 3.0 Bcf/d for the week ending October 18, up 0.2 Bcf from the previous week.
This report week, the Henry Hub spot price fell 12¢ from $2.93/MMBtu last Wednesday to $2.81/MMBtu two days ago, EIA said.
Cheniere has recently said that the fourth liquefaction train at the Sabine Pass LNG project had reached completion.
With four trains online, the Sabine Pass plant will be able to produce up to 18 million tons per annum of the chilled fuel.
LNG World News Staff