News wire — United States’ exports of liquefied natural gas, LNG, have declined for the third week running.
A buyer of LNG last week canceled two cargoes from Cheniere Energy Inc., the biggest U.S. exporter, as a global glut pummels prices for the fuel and threatens to shut a key outlet for shale production.
Figures from the U.S. Energy Information Administration, EIA, show that a total of fourteen vessels departed the U.S. export facilities over the February 13 and February 19 period, according to LNG World News.. This compares to fifteen vessels in the previous seven day period.
The fourteen vessels had a total combined LNG-carrying capacity of 49 Bcf, EIA said in its report.
Cheniere’s Sabine Pass LNG facility was again the top exporter with seven cargoes departing, followed by Corpus Christi plant with three cargoes.
Freeport LNG project shipped two cargoes while one cargo each departed from Sempra Energy-led Cameron LNG project and Dominion’s Cove Point facility.
EIA further noted that natural gas deliveries to liquefied natural gas export terminals slipped compared to the previous week reaching 8.0 Bcf/day, down from 8.6 Bcf/d.