US exports decline

Written by  John McKay
Friday, 25 May 2018
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May 25 (LNGJ) - US LNG exports fell in the past week to five cargoes with a combined capacity of 18.8 billion cubic feet of natural gas versus seven shipments in the previous week. Four of the carriers lifted cargoes at the Sabine Pass plant in Louisiana and one at the Cove Point facility in Maryland, according to the Energy Information Administration. The EIA said prices rose across the Lower 48 states. “Prices rose as temperatures generally increased and higher cooling demand increased natural gas use for electricity generation,” said the EIA. The Henry Hub spot price rose to $2.86 per million British thermal units and at the Chicago Citygate prices increased to $2.74 per MMBtu. Shale-gas prices at Dominion South in northwest Pennsylvania rose to $2.23 per MMBtu.

Last modified on Friday, 25 May 2018 04:15
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