EIA: Henry Hub price down, four Sabine Pass LNG cargoes shipped

Oak Spirit loading at the Sabine Pass terminal (Image courtesy of Jera)

Natural gas spot prices in the U.S. dropped in most locations in the week ending February 15, with the Henry Hub price slipping 13¢ from last Wednesday, according to the weekly report by the Energy Information Administration.

The Henry Hub spot price dropped from $3.05/MMBtu last Wednesday to $2.92/MMBtu two days ago, EIA said in its report published on Thursday.

“Nationally, weather was milder toward the end of the report period, except for on the Gulf Coast, where temperatures declined Tuesday and yesterday,” EIA said.

Spot prices at the Chicago Citygate decreased 18¢ from last Wednesday to $2.84/MMBtu two days ago while prices at PG&E Citygate in Northern California lost 9¢ to $3.30/MMBtu two days ago.

Sabine Pass exports four cargoes

Natural gas pipeline flows to the Cheniere’s Sabine Pass liquefaction terminal averaged 2.0 Bcf/d for the report week, 6% lower than in the previous week, EIA said.

“ Four vessels (combined LNG-carrying capacity of 14.0 Bcf) departed Sabine Pass last week.,” the agency noted in the report.

Cheniere started exports from the Sabine Pass liquefaction plant, currently the only such facility to ship U.S. shale gas overseas, in February last year.

Since then, more than 70 cargoes carrying U.S. LNG have been shipped to various locations worldwide.

Share this article

Follow LNG World News

Events>

<< Apr 2017 >>
MTWTFSS
27 28 29 30 31 1 2
3 4 5 6 7 8 9
10 11 12 13 14 15 16
17 18 19 20 21 22 23
24 25 26 27 28 29 30

CWC China LNG & Gas International Summit & Exhibition

Where the Chinese & International LNG & Gas Industry Meet

read more >

CIMPC 2017

The 2017 Chine International Marine Corrosion & Protection Technology and Innovation and Application Development Forum will be held in March in Shanghai, China.

The Forum will continue to maintain a high standard, specialization, and internationalization. In addition to focusing on marine areas, it will also extend to the corrosion and protection of land and air engineering.  By showing the outstanding results of China in the aspects of corrosion technology research and engineering applications, as well as by introducing the advanced anti-corrosion technology and products, it is aimed to promote the development of China’s corrosion & protection technology and engineering application.

More info

read more >

Flame 2017

Join 650+ gas producers and consumers, infrastructure providers, traders and regulators at Europe’s largest annual industry meeting, Flame 2017.

read more >

ConferenzaGNL 2017

ConferenzaGNL will take place together with ExpoGNL, a two-days exhibition of projects, land and maritime technologies, cryogenic components…

read more >