The U.S. is at the tail end of an incredible wave of LNG expansion that has so far seen nine new projects across seven terminals reach a final investment decision in a little over a year. Today, we take a closer look at the Commonwealth LNG project and what comes next for U.S. LNG development.
U.S. LNG feedgas rose slightly last week, averaging 19.4 Bcf/d, up 0.07 Bcf/d from the previous week. Higher intake at Corpus Christi and Golden Pass offset lower volumes at Sabine Pass.
U.S. LNG feedgas demand averaged 19.1 Bcf/d last week, an increase of 0.09 Bcf/d, with small changes across all terminals.
The U.S. LNG industry has experienced monumental growth and there’s a hefty slate of additional projects somewhere along the path to a final investment decision, each with its own hurdles and timelines. Getting across that FID finish line can be quite arduous.
U.S. LNG feedgas demand bounced back sharply last week as several Gulf Coast terminals returned to peak operations following short-lived disruptions.
Golden Pass continues commissioning, and the first LNG is expected by the end of the month.
Global LNG markets were jolted this week after Qatar’s Ras Laffan export complex was taken offline by an Iranian drone attack, even as U.S. LNG feedgas demand held steady at full utilization.
U.S. LNG feedgas demand returned to full strength last week, with every terminal operating at or above contracted utilization levels.
Lingering cold weather in the Northeast weighed on Cove Point and Elba Island earlier this month, but warmer temperatures have now allowed intake to rebound to peak winter levels.
U.S. LNG feedgas demand rebounded sharply last week as Gulf Coast terminals returned to peak winter operations following Winter Storm Fern.
U.S. LNG feedgas demand is rebounding after Winter Storm Fern, with most Gulf Coast terminals returning to pre-storm operations within days.
