U.S. LNG feedgas demand fell by 0.57 Bcf/d last week, primarily due to ongoing maintenance.
Intake at Sabine Pass dropped last week and is now around 3 Bcf/d (see chart below). Owner Cheniere confirmed that maintenance has begun on two of the terminal’s trains and is expected to last about three weeks, resulting in reduced feedgas intake during that period. Cheniere is also completing maintenance on the Creole Trail Pipeline simultaneously.
Necessary upkeep also appears to still be ongoing at Cameron LNG, where one train has been offline since early May. Pipeline maintenance on Cameron Interstate Pipeline ended May 30, but feedgas intake has not yet rebounded, indicating that terminal maintenance is likely still ongoing. That train is expected to restart soon, which would boost feedgas demand.
Feedgas intake at other U.S. terminals remained relatively unchanged, with most terminals operating near full capacity. Feedgas deliveries to the commissioning Plaquemines terminal were up slightly and are currently around 2.4 Bcf/d. For more analysis on the U.S. LNG industry, check out our LNG Voyager Weekly Report.
