EIA: Sabine Pass LNG exports edge down on week

EIA: Sabine Pass LNG exports edge down on week
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 three cargoes of the fuel in the week ending July 26.

Three vessels with a total LNG-carrying capacity of 11.3 billion cubic feet (Bcf) departed Sabine Pass from Thursday to Wednesday, one less compared to the week before, the Energy Information Administration said in its weekly report issued on Thursday.

Natural gas pipeline deliveries to the liquefaction terminal averaged 2.2 Bcf/d for the week ending July 26, remaining on the same level as the week before.

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.

Henry Hub price declines

Natural gas spot prices in the United States dropped at most locations in the report week with the Henry Hub price sliding 18¢ from last Wednesday.

The Henry Hub spot price declined from $3.10/MMBtu last Wednesday to $2.92/MMBtu two days ago, EIA said.

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