US LNG feedgas demand is at its highest level since Freeport went offline and can’t go much higher until the terminal returns to service. Read more in the RBN LNG Voyager. Key highlights from the report are below.
- Overall feedgas last week averaged 11.09 Bcf/d, up 250 MMcf/d week-on-week, driven by higher flows to Corpus Christi after pipeline maintenance ended.
- This month, feedgas has been at its highest level since Freeport went offline in early June. Except for Freeport, all other U.S. terminals are taking in feedgas consistent with or near full-utilization levels, including Calcasieu Pass, which is still commissioning. This means that there is little chance of any additional feedgas demand until Freeport returns to service, which is not expected until November.
- Eighteen LNG cargoes departed from U.S. terminals last week, one less than in the previous week. Seven cargoes left from Sabine Pass, four from Cameron, three from Corpus Christi, two from Calcasieu Pass, and one each from Cove Point and Elba.