U.S. weekly LNG exports decline
The United States exported less liquefied natural gas cargoes in the week ending May 13 when compared to the week before, according to the Energy Information Administration.
The agency said in its weekly gas natural gas report that five US terminals dispatched eleven LNG shipments between May 7 and May 13.
The total capacity of the LNG vessels carrying these cargoes is 40 billion cubic feet.
This compares to 15 LNG ships with a combined LNG-carrying capacity of 54 billion cubic feet the week before.
Out of the eleven LNG shipments, Cheniere’s Sabine Pass plant in Louisiana shipped five cargoes while an additional one shipment left the company’s Corpus Christi terminal in Texas.
The Freeport LNG terminal in Texas exported three shipments during the week under review.
The Sempra-led Cameron LNG facility and Dominion’s Cove Point liquefaction plant in Maryland exported one cargo, each.
The amount of gas flowing to US LNG export plants dropped to 7.1 billion cubic feet during the week under review from the 7.7 bcfd recorded the week before.
The Henry Hub spot price eased from $1.88 per million British thermal units last Wednesday to $1.56/MMBtu recorded this Wednesday, EIA data shows.