Six US cargoes leave

Written by  John McKay
Friday, 20 July 2018
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July 20 (LNGJ) - US LNG exports were unchanged in the past week with six cargoes amounting to 21.7 billion cubic feet being shipped through July 18. The six vessels all departed from the Sabine Pass liquefaction facility in Louisiana, according to a report from the Energy Information Administration. Day-ahead natural gas prices were lower and the benchmark Henry Hub fell 12 cents to $2.72 per million British thermal units. “Outside of the Rocky Mountain region, temperatures were generally higher than normal in much of the country, but they didn’t have a significant effect on prices,” said the EIA. At the Algonquin Citygate serving Boston, prices were little changed at $2.70 per MMBtu. Shale-gas prices that normally trade at a significant discount to the Henry Hub were last at $2.25 per MMBtu on the Tennessee Zone 4 Marcellus pipeline system.

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