Golden Pass LNG is nearing startup, with Train 1 expected to produce its first LNG cargo by late March, adding new capacity to the U.S. LNG system.
Golden Pass has taken significant feedgas volumes since Feb. 17, when intake jumped from around 30 MMcf/d to 171 MMcf/d. Last week, intake was reduced, and the terminal did not take any feedgas for a few days. This is a normal part of commissioning and does not necessarily indicate issues at the terminal. We expect fluctuations during the commissioning process.
Train 1, now ramping up, will require about 850 MMcf/d of feedgas at full utilization. Golden Pass will push U.S. feedgas demand higher over the coming months.
Our LNG Voyager Weekly Report added new data on March 10 on Golden Pass. Gulf Run (blue shaded area in the chart below) and Midcoast Pipeline (red shaded area) are delivering gas onto the header pipeline, with some volumes used as feedgas and some delivered to other pipelines in the area. Golden Pass is an anchor shipper on Gulf Run, holding 1.1 Bcf/d of capacity on the line from the Haynesville area to the Sabine River area, and a significant share of its feedgas is expected from Gulf Run.
