U.S. LNG feedgas demand edged lower last week due to a brief unplanned outage at Freeport and slightly lower intake at other terminals. However, feedgas is likely to soar back towards 15 Bcf/d this week as it appears Sabine Pass is restarting after maintenance.
U.S. LNG feedgas demand ranged from 12.84 Bcf/d to 14.0 Bcf/d last week, averaging 13.53 Bcf/d. Freeport LNG’s Train 3 tripped offline on June 17, causing feedgas to the terminal to drop. The train restarted the next day, and the terminal is currently operating at full capacity. Cameron LNG also experienced a single-day drop in feedgas on June 19 but otherwise ran at full capacity all week (see chart below).
Feedgas at Sabine Pass began climbing modestly over the weekend and then rose above 4 Bcf/d on Monday, the highest level since the end of May, when maintenance began at the terminal. Two trains have been offline throughout June, but now it appears they are in the process of restarting.
Feedgas intake at Sabine Pass is likely to return to full utilization sometime this week, pushing total U.S. feedgas demand toward 15 Bcf/d. Intake at Corpus Christi, Calcasieu Pass, and the commissioning Plaquemines terminal were all down slightly last week, but within normal operations. For more insight on U.S. LNG feedgas, see our LNG Voyager Weekly.
