EIA said in its weekly natural gas storage report that the LNG-carrying capacity of vessels departing US ports was 134 Bcf, up 1 Bcf from the previous week.
Cheniere’s Sabine Pass plant shipped eight LNG cargoes, and the company’s Corpus Christi facility sent six shipments during the week ending March 18, according to the report.
Moreover, Venture Global LNG’s Plaquemines terminal sent seven cargoes, the Freeport LNG facility sent five shipments, and Sempra Infrastructure’s Cameron LNG terminal shipped four cargoes.
Venture Global’s Calcasieu Pass facility shipped three cargoes, and the Cove Point facility sent two cargoes.
The Elba Island LNG facility did not ship LNG during the week under review.
Henry Hub slightly down
EIA reported that the Henry Hub spot price decreased by 1 cent/MMBtu from $3.15/MMBtu last Wednesday to $3.14/MMBtu this Wednesday.
According to the agency, this week, Henry Hub daily spot prices averaged $3.17/MMBtu, 7 cents/MMBtu higher than last week’s average.
Warmer temperatures in the West and colder-than-normal weather in the eastern United States occurred this week and continued to support prices that have been largely stable over the past month, it said.
TTF averaged $17.39/MMBtu
EIA said that the price at the Dutch Title Transfer Facility in Europe averaged $17.39/MMBtu, 17 cents lower than the previous week.
Moreover, the Japan-Korea Marker price averaged $18.23/MMBtu.
This is $2.36 higher than the previous week, EIA said.
EIA noted that QatarEnergy’s Ras Laffan LNG export complex in Qatar, which produces nearly 20 percent of global LNG supply, was hit by missile strikes, damaging two liquefaction trains on Wednesday.
Oil and gas prices further rose after these new attacks.
