It was a challenging week for U.S. LNG feedgas demand, which slipped nearly 1 Bcf/d last week, driven by maintenance and outages.
There was lower intake at Corpus Christi, Cameron LNG and Freeport last week. Feedgas deliveries to Cameron LNG have been less than 1.5 Bcf/d since May 1 (see chart below). It’s likely that Cameron has a train offline for maintenance, but the terminal operator, Sempra, has not confirmed this. Major maintenance typically lasts around three weeks, although LNG terminals aren’t required to disclose their maintenance schedules.
But pipeline maintenance must be publicly announced, and we are aware Sempra is conducting pipeline maintenance on the terminal’s header system, Cameron Interstate Pipeline, from May 9 to May 30.
Cheniere performed pipeline maintenance last week, reducing flows to Corpus Christi from May 5 to May 9. Though maintenance has concluded, feedgas deliveries remain slightly below normal.
Freeport LNG tripped offline on May 6 due to a disruption in its power supply, resulting in volatile feedgas levels for several days. But Freeport is back online now. Cove Point, Calcasieu Pass and Sabine Pass are all fully operating. The newest terminal, Plaquemines LNG, rose from around 1.8 Bcf/d at the beginning of the week to 2.2 Bcf/d over the weekend. For more insight on the events within U.S. LNG, check out our LNG Voyager Weekly.
