LNG feedgas

U.S. LNG feedgas demand continued to climb last week, driven by higher intake at Corpus Christi, Freeport, and Golden Pass.

U.S. LNG feedgas jumped by about 1 Bcf/d in the last week as the maintenance season winds to a close. Corpus Christi and Freeport are back to full operations.

U.S. LNG feedgas demand averaged 17.9 Bcf/d for the week ending June 14 (see blue-dotted line below), up 0.95 Bcf/d week-on-week.

U.S. LNG feedgas is climbing again as the maintenance season winds down. Cameron and Freeport appear to be bringing their respective offline trains back online. 

Commissioning activity at Golden Pass and Corpus Christi Stage III continues to progress and U.S. LNG feedgas demand averaged 17.8 Bcf/d last week, up about 0.4 Bcf/d week-on-week. 

U.S. LNG feedgas remains below recent peak levels as maintenance continues to curb demand with one train offline at both Cameron and Freeport LNG.

U.S. LNG feedgas averaged about 17.4 Bcf/d last week, flat week-on-week, but flows should begin to climb at the end of this week as maintenance wraps up. Cameron appears to be nearing the end of its outage and Freeport will likely follow the week after. 

Commonwealth LNG has reached a final investment decision (FID) on its 9.5 MMtpa export terminal (1.3 Bcf/d) near Cameron Parish, Louisiana.

U.S. LNG feedgas demand declined sharply again last week, primarily due to maintenance at Cameron and pipeline work affecting Corpus Christi.

U.S. LNG feedgas demand fell sharply last week with lower intake at Corpus Christi, Cameron, and Calcasieu Pass driving the decline.

Feedgas averaged about 18.5 Bcf/d last week, down 0.9 Bcf/d week-on-week as intake at Cameron dropped on April 30 and has remained at around 1.5 Bcf/d since then, consistent with two of the terminal's three trains being online. Maintenance in late spring is typical for Cameron, and the pattern suggests one train is likely offline. Past terminal turnarounds have generally run for around three weeks, so reduced intake could last through much of May. The terminal’s header pipeline, Cameron Interstate Pipeline, is also conducting maintenance and will continue to do so throughout the month. 

U.S. LNG feedgas is still operating at peak levels, averaging about 19.4 Bcf/d, down 0.08 Bcf/d from the previous week. The only minor disruptions have been tied to pipeline maintenance and several key pipelines have upcoming work scheduled, which may disrupt feedgas availability later this month and into May.

Commonwealth LNG has largely completed commercialization of its 9.5 MMtpa export terminal (1.3 Bcf/d) and is approaching a final investment decision (FID). It is under development by Caturus (formerly Kimmeridge Energy) near Cameron, LA  (see picture below). The project has all the needed regulatory approvals. 

Winter peak operations are keeping U.S. LNG feedgas demand elevated, even as week-to-week flows fluctuate.