EIA: Sabine Pass LNG exports flat on week

Image: Cheniere

Cheniere’s Sabine Pass liquefaction terminal in Louisiana, currently the only such a facility to ship U.S. shale gas overseas, has exported four cargoes of the fuel in the week ending July 19.

Four vessels with a total LNG-carrying capacity of 14.3 billion cubic feet (Bcf) departed Sabine Pass from Thursday to Wednesday, the same as compared to the week before, the Energy Information Administration said in its weekly report issued on Thursday.

Natural gas pipeline flows to the liquefaction terminal averaged 2.2 Bcf/d for the week ending July 19, the same as in the previous week.

EIA said earlier this month in its latest Short-Term Energy Outlook that the agency expects US gross LNG exports to average 1.9 Bcf/d in 2017, as compared to 0.5 Bcf/d in 2016.

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 up

Natural gas spot prices in the United States rose at most locations in the report week with the Henry Hub price rising 12¢ from last Wednesday.

The Henry Hub spot price increased from $2.98/MMBtu last Wednesday to $3.10/MMBtu two days ago, EIA said.

 

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