The United States shipped 11 liquefied natural gas cargoes for a third week as the nation’s three facilities keep up their production rates and the newest and fourth plant, Cameron LNG at Hackberry in Louisiana, has seen its first cargo depart on a Japanese-owned carrier amid rising pipeline exports to Mexico and falling imports from Canada.
The US exported five LNG cargoes last week, a drop from seven shipments in the previous week, as domestic natural gas demand fell by 10 percent and inventories ended the winter heating season at their lowest level since 2014.
As US LNG exports gather pace over the next year, the US government said the nation’s dry natural gas production will average 81.7 billion cubic feet per day, establishing a new high and that level would be 8.1 Bcf/d higher than in 2017 and the highest annual average growth on record.