U.S. LNG feedgas demand fell slightly last week, averaging 14.9 Bcf/d, down 0.4 Bcf/d as Sabine Pass intake was lower because of pipeline maintenance.
Flows at Sabine Pass have largely rebounded and intake is now just below full operations. But feedgas deliveries from the KM Louisiana pipeline were reduced from September 9 to 11.
Feedgas demand mainly remained unchanged at the other terminals, with deliveries to Cove Point, Cameron, and Freeport all operating fully. Corpus Christi is still operating at about 67% capacity, indicating that one train may be offline for maintenance. Cheniere has not confirmed this. However, intake at Calcasieu Pass is also below traditional levels, but in line with last week's.
Commissioning volumes at Plaquemines were down slightly last week, but still above 3 Bcf/d on average for the week.
Cove Point has started its annual maintenance outage. Pipeline maintenance work began on September 15 and is scheduled to run through mid-October. LNG terminals are not required to report outages or maintenance. But Cove Point shuts down every fall for maintenance work timed with the work on the pipeline. The outage usually lasts about three weeks and the terminal will take no feedgas during that time. While we expect there will be a slight drop in LNG feedgas demand due to the maintenance, this will only last a short period of time. Check out the LNG Voyager Weekly Report, where we discuss the latest trends in the U.S. LNG industry.
