U.S. LNG feedgas demand inched up last week, hitting new records with nearly every terminal operating at full or peak winter levels.
The feedgas demand averaged 19.2 Bcf/d last week up 0.11 Bcf/d from the previous week. U.S. feedgas demand is more than 5 Bcf/d higher than this time last year.
Much of this year's growth comes from commissioning terminals. See the blue-dotted line in the graph below, which shows the rise of feedgas demand, including those commissioning terminals. The commissioning Plaquemines terminal ticked up again last week, averaging 4.2 Bcf/d. Corpus Christi’s Stage III commissioning volumes are also boosting the terminal's overall intake.
For more insights on the U.S. LNG industry, check out our LNG Voyager Weekly Report.
