U.S. LNG feedgas demand dropped last week, driven mostly by lower intake at Freeport LNG, but other terminals performed strongly, and Golden Pass hit a new milestone. Feedgas averaged 19.3 Bcf/d for the week ending November 1, down nearly 0.4 Bcf/d week-on-week.
Freeport saw the biggest decline, and the terminal (dark blue shade in the chart below) tripped offline on October 26 due to an interruption in the power feed. The terminal restarted the next day, but didn’t return to full capacity and Train 2 was taken offline for maintenance on November 1. Currently, intake at the terminal is below 1 Bcf/d, indicating the two trains are not at full capacity.
Intake at Golden Pass rose last week (lime green at the top of the chart below), averaging 0.77 Bcf/d, with feedgas exceeding 0.8 Bcf/d over the weekend for the first time. Train 1 now appears to be finishing its ramp into service. Intake has been climbing steadily since the beginning of October and the terminal has been exporting cargoes consistently.
All other terminals continued operating at full or peak levels. Stay tuned to our LNG Voyager Weekly Report for more details.
