Total U.S. LNG feedgas demand was down sharply last week, with lower intake at Freeport, Sabine Pass, Corpus Christi and Calcasieu Pass.
Feedgas demand averaged 17.9 Bcf/d for the week ending July 12 (see blue dotted line below), down 0.73 Bcf/d week-on-week, according to our LNG Voyager Weekly report. The largest week-on-week decline came from Freeport, where Train 3 tripped offline because of an issue at the pretreatment facility on July 9. The train still appears to be offline. Intake at Sabine Pass was reduced on July 7-8 because of scheduled maintenance on the Creole Trail pipeline. Feedgas recovered after work on the Gillis Compressor Station concluded, but intake at the terminal remains lackluster.
Intake at Golden Pass was down slightly last week. Feedgas to the commissioning terminal was above 0.5 Bcf/d from July 1-9, before dropping. Feedgas at the terminal appears to be slowly creeping higher, but is still not at the expected 0.8 Bcf/d that would indicate Train 1 was at full operations.
