US LNG exports steady

Written by  John McKay
Friday, 14 September 2018
Free Read

Sept 14 (LNGJ) - US LNG exports were steady in the week as six vessels departed compared with five the previous week. Four ships left Sabine Pass in Louisiana and two departed from Cove Point in Maryland. Two more carriers were lifting cargoes from Sabine Pass, according to the Energy Information Administration weekly report. “Dominion Energy, the operator of the Cove Point plant, activated a Severe Weather Plan in response to approaching Hurricane Florence,” said the EIA. The report noted that total US consumption of natural gas fell by 1 percent on the week and pipeline exports to Mexico decreased 7 percent. The Henry Hub spot price was last at $2.93 per million British thermal units. “Temperatures were cooler than normal across most of the country, but slightly warmer than normal west of the Rockies and in the Southeast,” said the report. At the Chicago Citygate, spot natural gas prices decreased 15 cents to $2.72 per MMBtu. California prices also fell to around $3.09 per MMBtu on the Pacific Gas and Electric citygate.

Last modified on Friday, 14 September 2018 04:37
Rate this item
(0 votes)

Related Video

Free Read