U.S. LNG feedgas demand continued to climb last week, driven by higher intake at Corpus Christi, Freeport, and Golden Pass. Corpus Christi Stage III reached a major milestone with Train 6 achieving substantial completion, bringing the project closer to full operation and pushing terminal feedgas demand to record levels.
U.S. LNG feedgas demand averaged nearly 18.5 Bcf/d in the week ending June 22, up 0.5 Bcf/d week on week (see blue-dotted line below). Freeport brought a train back online after a maintenance outage. Freeport had taken one of its three liquefaction trains offline from May 13 to around June 10, according to our LNG Voyager Weekly report. Intake at Freeport was briefly back at full operations. But Train 2 tripped offline on June 19 due to a compressor issue.
Intake at the commissioning Golden Pass increased last week, averaging 0.35 Bcf/d. Feedgas deliveries to the terminal have been as high as 0.42 Bcf/d, but that is only about half of what it would need at full operation of Train 1.
