Overall U.S. LNG feedgas dropped last week, as Cove Point LNG shuts for annual maintenance. Flows to the terminal dropped to zero on September 20 and the terminal will not take in feedgas during the outage. LNG terminals are not required to disclose maintenance shutdowns, and Berkshire Hathaway has not said when the terminal will return to service, but typically a turnaround takes three weeks. The terminal will likely return to service in mid-October. Maintenance on the Cove Point Pipeline is also going on and that is scheduled to continue through September 29.
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- Analyst Insight
U.S. LNG Feedgas Heads Higher Even with Cove Point Offline
U.S. LNG feedgas demand heads higher as winter approaches. Feedgas demand is back above 13 Bcf/d, despite Cove Point LNG still being offline for maintenance as nearly every terminal increased intake.
- Analyst Insight
U.S. LNG Feedgas Demand Drops Due to Maintenance
Fall maintenance is almost here, expect a small drop in U.S. #LNG feedgas demand in the short term, followed by new all-time highs to close out the year. For more, see this week’s RBN LNG Voyager.
- Analyst Insight
Cove Point LNG Feedgas Deliveries Drop on Maintenance
LNG feedgas deliveries fell 0.8 Bcf/d to 12 Bcf/d Wednesday, led by a drop at Cove Point LNG as annual maintenance began at the facility and on upstream pipeline infrastructure.
