LNG

June 22 (LNGJ) - US LNG exports increased to five cargoes in the past week versus four shipments the previous week. Carriers carrying a combined 18.7 billion cubic feet of natural gas departed from the United States from June 14 through June 21. Three carriers left from the Sabine Pass plant in Louisiana and two from the Cove Point terminal in Maryland. according to the Energy Information Administration. Spot prices rose at most locations, with the benchmark Henry Hub at $2.95 per million British thermal units. “Most areas east of the Mississippi River were warmer, with parts of the East Coast averaging up to 10 degrees Fahrenheit higher,” said the report. Total US natural gas consumption, led by electrical power generation needs, rose by 4 percent. “Net injections to working gas totaled 91 Bcf for the week. Working natural gas stocks are 2,004 Bcf, which is 27 percent lower than the year-ago level and 20 percent lower than the five-year average,” said the EIA.