Natural gas intake at the LNG Canada liquefaction site in Kitimat, BC pushed higher in August, averaging 606 MMcf/d (red column in chart below) based on publicly available data released by the British Columbia Energy Regulator (BCER), and just slightly above our previous estimate of 585 MMcf/d. With Train 1 having a nameplate gas intake capacity estimated at 1 Bcf/d, this would place the August utilization rate at 60%. Based on daily gas pipeline flow balances posted in RBN’s Canadian NatGas Billboard and the recent frequency of tanker loadings, we estimate that September average gas intake (green column) was lower in the range of 525 MMcf/d, or closer to 50% utilization.

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