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U.S. EIA LNG Export Weekly Update January 18th, 2018

info • Jan 19, 2018

The U.S. Energy Information Administration (EIA) natural gas weekly update released January 18th, 2018 noted five LNG vessels (LNG-carrying capacity 17.2 Bcf combined) departed the Sabine Pass liquefaction facility last week (Thursday to Wednesday). One tanker (LNG-carrying capacity 3.8 Bcf) was loading at the terminal on Wednesday.

The update also pointed out total U.S. consumption of natural gas was unchanged from the previous report week, averaging 102.3 Bcf/d. Natural gas consumed for power generation climbed by 6% week over week. Industrial sector consumption increased by 1% week over week. In the residential and commercial sectors, consumption declined by 4%. Natural gas exports to Mexico increased 3%.

Henry Hub natural gas futures reached a record-high daily trading volume on January 12 of 1,022,858 contracts, surpassing the 1 million milestone for the first time.

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