U.S. LNG feedgas demand rose last week, averaging 15.7 Bcf/d, up 0.2 Bcf/d from the previous week, with slightly stronger intake at Sabine Pass and Corpus Christi.
Feedgas intake at the commissioning, Plaquemines LNG increased slightly last week, averaging 3.3 Bcf/d with flows to the terminal just shy of 3.5 Bcf/d over the weekend.
The new terminal continues to receive FERC authorizations for additional equipment. Blocks 1–16, and 18 are now authorized to take feedgas and produce LNG. Block 17, the final block not taking feedgas, was approved to take nitrogen gas at the end of September. Block 18 will likely be granted further approvals soon and then the entire terminal will be producing LNG.
Although nearly at full operations, the terminal will not be placed into commercial service for some time. Venture Global previously said Phase 1 will reach that milestone in mid-2026 and Phase 2 in 2027. Recently, the company filed with FERC, requesting an extension of the commissioning work until the end of 2027 for both phases. Despite its commissioning status, Plaquemines will be producing LNG at full capacity very soon. For more insights on the U.S. LNG industry, see our LNG Voyager Weekly Report.
