U.S. LNG feedgas rose slightly last week, averaging 19.4 Bcf/d, up 0.07 Bcf/d from the previous week. Higher intake at Corpus Christi and Golden Pass offset lower volumes at Sabine Pass.
Feedgas deliveries to Sabine Pass dipped early in the week due to unplanned maintenance on the Natural Gas Pipeline of America, but quickly rebounded.
At Corpus Christi, feedgas intake increased due to higher flows to the legacy terminal and commissioning at Corpus Christi Stage III. See the picture below of a rendering of the Corpus Christi Stage III LNG expansion project. Train 5 reached substantial completion and is online. Trains 1–4 are in service and Trains 6 and 7 are expected online later this year. The Stage III project sources feedgas solely through the Agua Dulce to Corpus Christi Pipeline and uses the existing terminal’s marine infrastructure.
Golden Pass has begun producing LNG, and its first export cargo is expected later this month.
Most U.S. terminals continue to run at or above peak capacity, often exceeding long-term contract levels. Stay tuned to the LNG Voyager Weekly report for additional insights.
