U.S. LNG feedgas demand continues ticking up as cold temperatures approach, nearing record highs with almost every terminal running at full capacity. Flows averaged 16.7 Bcf/d last week, up from 16.6 Bcf/d the week before, with intake at every terminal except Cameron slightly higher.
Plaquemines LNG intake is at near full capacity with all 18 blocks producing LNG. Separately, commissioning progress at Corpus Christi Stage III continues. The project (see picture below), originally planned for seven mini-trains, was expanded by two additional trains earlier this year under the Midscale Expansion Project.
Currently, two trains are operating, and a third is expected online before the end of the year. Train 1 achieved first LNG in December 2024 and was placed in service in March. Train 2 achieved its first LNG in June, and construction of Train 3 was nearly finished at the end of October. Train 4 is expected to produce first LNG this month. For more insights about the U.S. LNG industry, check out our LNG Weekly Voyager.
