May 23

US weekly LNG exports down to 27 cargoes

0  comments

[[{“value”:”

ENB Pub Note: For March 2025, official Department of Energy data indicates that US LNG exports totaled 128.6 tanker loads, equivalent to 460.5 billion cubic feet (Bcf). Additionally, between May 15 and May 22, 2025, 27 LNG vessels departed from US terminals (Sabine Pass, Freeport, Corpus Christi, Cameron, Calcasieu Pass, Plaquemines, and Cove Point) with a combined capacity of 103 Bcf.

 


US liquefied natural gas (LNG) plants shipped 27 cargoes during the week ending May 21. According to the Energy Information Administration, pipeline deliveries to the LNG terminals decreased compared to the prior week.

EIA said in its weekly report, citing shipping data provided by Bloomberg Finance, that the total capacity of these 27 LNG vessels is 103 Bcf.

This compares to 29 shipments and 109 Bcf in the week ending May 14.

According to data from S&P Global Commodity Insights, average natural gas deliveries to US LNG export terminals decreased 0.2 Bcf/d from last week to 15.6 Bcf/d this week.

Natural gas deliveries to terminals in South Louisiana decreased 3.2 percent (0.3 Bcf/d) to 10 Bcf/d, and natural gas deliveries to terminals in South Texas increased 2.9 percent (0.1 Bcf/d), averaging 4.5 Bcf/d.

EIA said natural gas deliveries to terminals outside the Gulf Coast were essentially unchanged at 1.2 Bcf/d this week.

During the week under review, Cheniere’s Sabine Pass plant shipped eight LNG cargoes, and the company’s Corpus Christi facility sent four shipments.

Moreover, the Freeport LNG terminal sent five cargoes, while Venture Global LNG’s Calcasieu Pass and Plaquemines terminals and Sempra’s Cameron facility each sent three cargoes.

The Cove Point terminal also sent one cargo, and the Elba Island facility did not ship LNG during the week under review.

EIA said that the Henry Hub spot price dropped 11 cents from $3.30 per million British thermal units (MMBtu) last Wednesday to $3.19/MMBtu this Wednesday.

The price of the June 2025 NYMEX contract decreased 12 cents, from $3.492/MMBtu last Wednesday to $3.368/MMBtu this Wednesday.

Also, the price of the 12-month strip averaging June 2025 through May 2026 futures contracts declined 8 cents to $4.097/MMBtu.

The agency said that international natural gas futures rose this report week.

Bloomberg Finance reported that average front-month futures prices for LNG cargoes in East Asia increased 61 cents to a weekly average of $12.07/MMBtu.

Natural gas futures for delivery at the Title Transfer Facility (TTF) in the Netherlands increased 27 cents to a weekly average of $11.82/MMBtu.

In the same week last year (week ending May 22, 2024), the prices were $11.50/MMBtu in East Asia and $10.20/MMBtu at TTF, EIA said.

The post US weekly LNG exports down to 27 cargoes appeared first on Energy News Beat.

“}]] 

​Energy News Beat 


Tags


You may also like

Will Massive Oil And Gas Reserves Mean A New ‘Bakken Boom’ For Southwest Wyoming?

Will Massive Oil And Gas Reserves Mean A New ‘Bakken Boom’ For Southwest Wyoming?