U.S. LNG feedgas demand rose last week as Golden Pass LNG restarted following a brief shutdown.
Feedgas demand averaged nearly 18.9 Bcf/d last week, up 0.2 Bcf/d week-on-week with most terminals at full operations. All Gulf Coast terminals are operating at or above full contracted level, while Cove Point and Elba Island are both just below full operations, according to our LNG Voyager Weekly report.
After briefly shutting down the week prior, Golden Pass restarted last week, and feedgas demand at the terminal was around or above 0.5 Bcf/d for most of the week, about 0.1 Bcf/d higher than the average intake before the shutdown.
At full operations, Train 1 will require around 0.8 Bcf/d of feedgas, so the terminal’s intake will continue to increase. Early commissioning work has also begun at Train 2 but it is not yet taking feedgas. ExxonMobil has said that it expects Train 2 to be mechanically complete by the end of the year and then begin producing LNG next year.
