EIA: Sabine Pass exports rise on week

Sabine Pass (Image courtesy of Cheniere)

Cheniere’s Sabine Pass liquefaction terminal in Louisiana, currently the only such a facility to ship U.S. shale gas overseas, has exported more cargoes of the fuel in the week ending July 12 as compared to the week before.

Four vessels with a combined LNG-carrying capacity of 15.2 Bcf departed Sabine Pass from Thursday to Wednesday, as compared to three tankers with a capacity of 10.8 Bcf the week before, the Energy Information Administration said in its weekly report issued on Thursday.

One vessel with a capacity of 3.1 Bcf was loading at the terminal on Wednesday.

Natural gas pipeline flows to the Sabine Pass liquefaction terminal averaged 2.2 Bcf/d for the week ending July 12, slightly up as compared to 2.1 Bcf/d in the previous week, EIA said.

Cheniere currently ships LNG produced at three liquefaction trains. The company is developing up to six trains at Sabine Pass with each train expected to have a capacity of about 4.5 million tons per annum.

In its latest Short-Term Energy Outlook released this week, EIA said US LNG exports would average 1.9 Bcf/d in 2017, up from 0.5 Bcf/d in 2016.

By the end of this year, Trains 1 through 4 at Cheniere’s Sabine Pass facility are expected to be fully operational, and Cove Point LNG in Maryland is scheduled to come online.

EIA projects gross LNG exports to average 2.8 Bcf/d in 2018, as Sabine Pass and Cove Point ramp up capacity and two new LNG facilities come online.

 

LNG World News Staff

 

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