LNG

June 28 (LNG) – Some of the world's most watched oil and energy data reports have not been published this week by the US Energy Information Administration due to what it said was a power problem. The lack of US data itself has seen oil rebound amid market confusion. 

   “The EIA is still in the process of system restoration and as a result, we will not publish new data June 27. This delay includes the Gasoline and Diesel Fuel Update,” said the statement. “On June 17, we discovered a voltage irregularity, which caused hardware failures on two of our main processing servers. This issue prevented us from processing and releasing several reports last week, and unfortunately, it continues to affect our ability to release data this week,” it added. 

US LNG exports surged in the past week as overall global liftings fell back slightly and North Asia spot LNG prices advanced for January and February 2021 shipments compared with last week.

June 5 (LNGJ) - The weekly US LNG shipments declined to 10 cargoes this week compared with 12 in the previous week. Four cargoes left Cheniere Energy’s Sabine Pass plant in Louisiana, while two departed from Cheniere’s Corpus Christi facility in Texas and two from Sempra Energy’s Cameron facility in Louisiana. At the three other plants, one departed from the Freeport plant in Texas, one from Cove Point in Maryland and none from the Elba Island plant in Georgia, according to the Energy Information Administration.