U.S. LNG feedgas demand continues to climb as terminals begin ramping up for peak winter production and commissioning volumes at Plaquemines rose.
Last week, U.S. LNG feedgas demand averaged 16.6 Bcf/d (see blue-dotted line below), up 0.4 Bcf/d from the prior week, primarily driven by higher intake at Sabine Pass, along with increases at Corpus Christi and Plaquemines.
Cove Point intake is consistent with previous winter peaks, while Sabine Pass and Cameron are higher than summer levels but not yet at full winter highs. Intake at Corpus Christi increased slightly last week, though it remains somewhat below typical levels. Calcasieu Pass and Freeport also continue to operate slightly below full contracted levels.
Freeport Train 2 tripped offline on October 22 due to a compressor issue but was restarted quickly, with feedgas only impacted that day.
Intake at the commissioning Plaquemines LNG terminal ticked up last week and was above 3.7 Bcf/d over the weekend, a new record high. Venture Global was given permission to introduce feedgas at Liquefaction Block 17. Now, all 18 blocks at the terminal are authorized to take feedgas and produce LNG.
For more insight on the U.S. LNG industry, check out our LNG Voyager Weekly Report.
