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LNG: US LNG Cargo Export Numbers Unchanged Last Week

LNG

The number of US LNG export cargoes remained unchanged last week at 26, according to the EIA while feedgas flows to US LNG export terminals decreased slightly in the week.

  • Total capacity of the vessels was at 98bcf compared to 99bcf last week based on Bloomberg data.
  • Average natural gas deliveries to US LNG export terminals were down 0.2bcf/d to 12.7bcf/d, according to S&P Global Commodity Insights data.
  • Natural gas deliveries to terminals in South Louisiana increased by 1.9% (0.2bcf/d) to 7.7bcf/d while deliveries to South Texas fell by 8.9% (0.4bcf/d) to 4.0bcf/d amid Freeport disruption.
  • US LNG export terminal feedgas flows are estimated at 12.81bcf/d today, according to Bloomberg after falling to a low of 11.0bcf/d earlier this week due to an interruption in gas supply to Freeport’s pre-treatment facility.
  • Asia continues to be the premium market for US LNG until at least Feb 2025, according to BNEF. For October delivery, profitability of US LNG exports to Asia is $10.66/mmbtu and to Europe is $9.60/mmbtu.
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