LNG

Oct 5 (LNGJ) - US LNG exports declined in the past week to four ship loads, all from the Sabine Pass plant in Louisiana, versus five cargoes the previous week. “No LNG vessels departed from Cove Point in Maryland last week because the facility is undergoing scheduled maintenance,” said the Energy Information Administration in its weekly report. “The facility has not received any natural gas feedstock pipeline deliveries since September 21,” it noted. The EIA also reported that Sabine Pass owner Cheniere Energy had filed a request with regulators for commissioning activities on Train 5. “The first LNG export cargo from Train 5 is expected before the end of this year,” said the EIA, taking Sabine Pass output to 22.5 million tonnes per annum from 18 MTPA. That’s as US natural gas spot prices jumped at most locations on concerns over falling storage levels. Henry Hub spot prices rose from $3.13 per million British thermal units to $3.26 per MMBtu. “Net injections to working gas totaled 98 billion cubic feet (Bcf) for the week,” said the EIA. “Working natural gas stocks are 2,866 Bcf, which is 18 percent lower than the year-ago level and 17 percent lower than the five-year (2013-2017) average,” it added.