US LNG exports climb to 30 cargoes

Energy News BeatUS LNG exports

EIA said in its weekly report, citing shipping data provided by Bloomberg Finance, that the total capacity of these 30 LNG vessels is 113 Bcf.

This compares to 28 shipments and 106 Bcf in the week ending April 2.

According to data from S&P Global Commodity Insights, average natural gas deliveries to US LNG export terminals increased 0.4 Bcf/d from last week to 16.6 Bcf/d.

Natural gas deliveries to terminals in South Louisiana increased 1.9 percent (0.2 Bcf/d) to 10.8 Bcf/d, and natural gas deliveries to terminals in South Texas increased by 4.3 percent (0.2 Bcf/d) to 4.7 Bcf/d.

EIA said natural gas deliveries to terminals outside the Gulf Coast were essentially unchanged at 1.2 Bcf/d this week.

During the week under review, Cheniere’s Sabine Pass plant shipped eight LNG cargoes, and the company’s Corpus Christi facility sent four shipments.

Moreover, the Freeport LNG terminal sent five cargoes, while Sempra Infrastructure’s Cameron LNG terminal and Venture Global LNG’s Plaquemines each shipped four cargoes.

In addition, Venture Global’s Calcasieu Pass sent three cargoes, and the Cove Point terminal and the Elba Island facility each sent one shipment during the week under review.

EIA said that the Henry Hub spot price fell 62 cents from $4.05 per million British thermal units (MMBtu) last Wednesday to $3.43/MMBtu this Wednesday.

The price of the May 2025 NYMEX contract decreased 24 cents, from $4.055/MMBtu last Wednesday to $3.816/MMBtu this Wednesday.

Also, EIA said the price of the 12-month strip averaging May 2025 through April 2026 futures contracts declined 29 cents to $4.267/MMBtu.

The agency said that international natural gas futures decreased this report week.

Bloomberg Finance reported that average front-month futures prices for LNG cargoes in East Asia decrease 30 cents to a weekly average of $12.85/MMBtu.

Natural gas futures for delivery at the Title Transfer Facility (TTF) in the Netherlands decreased $1.34 to a weekly average of $11.74/MMBtu.

In the same week last year (week ending April 10, 2024), the prices were $9.57/MMBtu in East Asia and $8.58/MMBtu at TTF, EIA said.

In its April short-term energy outlook, EIA estimates that US LNG exports set an all-time monthly record high in March 2025 at an average of 15.0 Bcf/d.

The increase in exports is primarily the result of the fast ramp up at the new US export facility Plaquemines LNG Phase 1.

“We estimate that LNG exports from Plaquemines LNG averaged 1.6 Bcf/d in March 2025, or 118 percent of Phase 1’s nominal capacity,” EIA said.

Source: Lngprime.com

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