US LNG exports, gas production hold steady

Both US natural gas production and exports of LNG were flat in the week ending May 19 compared with the week prior, federal data released May 20 show.

The Energy Information Administration reported that 21 vessels laden with LNG left US ports during the week, which was the same number as in the previous seven days. Six of those vessels left the Sabine Pass terminal in Louisiana, and four each left from the Cameron facility, also in Louisiana, Corpus Christi and Freeport. Two vessels departed Cove Point off the coast Maryland and one left from Elba Island in Georgia.

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Combined, those 21 vessels left with 75bn ft³ of LNG.

For production, using data from IHS Markit, the EIA reported that US production of natural gas was also unchanged from the previous period. Imports of Canadian natural gas declined by 6.2% from the week prior.

In its monthly drilling productivity report, EIA forecast natural gas production in June would average 83.6bn ft³/day, marking a slight increase from May.

Warmer weather in part led to an overall decline in demand for natural gas of 10.8% during the reporting period, with most of that decline coming from the commercial and residential sectors.