Total U.S. LNG feedgas demand averaged 18.9 Bcf/d for the week ending September 13 (blue-dotted line below), up slightly week-on-week with small changes across all terminals.
All U.S. terminals are operating around full contracted utilization, with some terminals even beginning to head towards winter peak production levels, according to our LNG Voyager Weekly report. Intake at Cove Point, Corpus Christi, Calcasieu Pass, Elba Island and Plaquemines are all slightly above contracted levels.
There is still room to grow because none of them are back at previous peak levels yet, and Sabine Pass could add another 0.5 Bcf/d of feedgas demand when it starts producing at winter peak levels.
Cove Point will likely begin its annual maintenance outage on September 19 and could be offline for three weeks, which puts its return in mid-October. After Cove Point returns from maintenance, U.S. feedgas will likely hit new record levels with the combination of winter peak production and new capacity that has come online this year at Golden Pass and Corpus Christi Stage III.
