24
Fri, Jan

US LNG exports drop to 22 shipments

World Maritime

The agency said in its weekly report, citing shipping data provided by Bloomberg Finance, that the total capacity of these 22 LNG vessels is 84 Bcf. This compares to

not export LNG during the week under review.

EIA said inclement weather led to temporary closures of major waterways serving LNG export terminals, which may have contributed to lower LNG exports this week compared with last week.

Freeport LNG’s liquefaction production operations have been taken offline due to intermittent Centerpoint Energy power interruptions beginning early Tuesday morning.

“Our liquefaction production operations will remain offline until power transmission conditions stabilize,” a Freeport LNG spokeswoman told LNG Prime on Thursday.

Henry Hub down

EIA said that the Henry Hub spot price decreased 54 cents from $4.43 per million British thermal units (MMBtu) last Wednesday to $3.89/MMBtu this Wednesday.

The Henry Hub reached an intraweek high on Friday, January 17 of $10.07/MMBtu, its highest price since January 2024, it said.

Also, the price of the February 2025 NYMEX contract decreased 12 cents, from $4.083/MMBtu last Wednesday to $3.960/MMBtu this Wednesday.

EIA said the price of the 12-month strip averaging February 2025 through January 2026 futures contracts rose 4 cents to $4.011/MMBtu.

TTF averaged $14.57/MMBtu

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

Bloomberg Finance reported that average front-month futures prices for LNG cargoes in East Asia decreased 14 cents to a weekly average of $14.01/MMBtu.

Natural gas futures for delivery at the Title Transfer Facility (TTF) in the Netherlands increased 57 cents to a weekly average of $14.57/MMBtu.

The agency said that in the same week last year (week ending January 24, 2024), the prices were $9.49/MMBtu in East Asia and $8.92/MMBtu at TTF.

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