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Free AccessSabine Pass Feedgas Drops to Lowest Since August
Feedgas intake into Cheniere’s Sabine Pass LNG terminal in Louisiana dropped to its lowest level since Aug. 21, according to Bloomberg.
- Feedgas currently stands at 3.53 bcf/d, down 0.8 bcf/d compared to levels Sep. 20. Levels are down 18% from the recent five-day average of 4.31.
- Sabine Pass has six trains totalling 30m mtpa and is the largest US LNG liquefaction terminal.
- Annual maintenance at US LNG facilities his Autumn could be busier than usual, Goldman Sachs said in a note Sep. 15. The bank noted that there were five trains across Sabine Pass, Corpus Christi and Cameron LNG totalling around 5 bcf/d that had yet to undergo full maintenance in more than three years.
- Berkshire Hathaway Energy’s Cove Point LNG terminal began seasonal fall maintenance on 14 September, which will last for around four weeks, a spokesperson said.
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.