US LNG exports decline on the back of lower deliveries
Federal US data published May 27 show exports of LNG declined in the week ending May 26, due to lower gas deliveries to liquefaction plants.
The US Energy Information Administration reported that 18 vessels laden with LNG left ports during May 20-26. That is three less than during the previous period ending May 19 and attributable to lower feed gas deliveries.
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Seven vessels left from the Sabine Pass terminal in Louisiana, four left from Cameron, three left from Corpus Christi and from Freeport, while one left the Cove Point terminal off the coast of Maryland.
Combined, those 18 vessels carried some 67bn ft3 of LNG, a level that is about 10% less than during the previous reporting period.
Though deliveries to liquefaction facilities were lower, total US natural gas production increased slightly, by 0.4%, from the previous reporting period to 92bn ft3/d. That weekly level is more than the 83.6bn ft3/d the EIA expected for a May average.
The EIA expects June natural gas production to be just shy of the May average, at 83.5bn ft3/d. Any increase in production next month will be from the Haynesville shale basin, situated largely in Louisiana.
An early start to summer, meanwhile, meant more natural gas was needed for power generation. Relying on data from IHS Markit, EIA reported that total US natural gas consumption increased 2.8% from the previous reporting period.