EIA said in its weekly natural gas storage report that the LNG-carrying capacity of vessels departing US ports was 141 Bcf, down 8 Bcf from the previous week.
Cheniere’s Sabine Pass plant shipped nine LNG cargoes, and the company’s Corpus Christi facility sent six shipments during the week ending April 8, according to the report.
Moreover, Venture Global LNG’s Plaquemines terminal sent seven cargoes, while the Freeport LNG facility, Sempra Infrastructure’s Cameron LNG terminal, and Venture Global’s Calcasieu Pass facility each shipped four cargoes.
The Cove Point facility sent two cargoes, and the Elba Island LNG facility sent one cargo during the week under review.
Henry Hub down
EIA reported that the Henry Hub spot price fell by 19 cents from $2.99/MMBtu last Wednesday to $2.80/MMBtu this Wednesday.
The agency said that above-average US temperatures across most of the country kept average daily natural gas demand relatively low for this time of year by limiting heating and cooling needs.
Even so, total US demand for natural gas across sectors rose 1.3 Bcf/d (2 percent) compared with last week, according to LSEG data.
EIA said average temperatures across the US remained between 40° F and 70° F, in relatively comfortable conditions.
Residential and commercial consumption increased by 0.9 Bcf/d (5 percent), and electric power consumption increased by 0.2 Bcf/d (1 percent).
TTF averaged $16.88/MMBtu
EIA said that the price at the Dutch Title Transfer Facility in Europe averaged $16.88/MMBtu, 86 cetns lower than the previous week.
Moreover, the Japan-Korea Marker price averaged $19.85/MMBtu.
This is 43 cents lower than the previous week, EIA said.
