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US LNG Exports Fall Amid Freeport Train Outages

LNG

US LNG exports fell in the week ending March 20 amid Freeport train outages. Just 21 cargoes departed US facilities in the week compared to 26 the week before, according to the EIA.

  • The total capacity of cargoes declined to 78bcf with only one cargo from the Freeport LNG terminal in the week.
  • Average natural gas deliveries to US LNG export terminals decreased by 2.8% w/w to average 12.9bcf/d, according to S&P Global Commodity Insights. Deliveries to South Louisiana fell by 2% but deliveries to Texas fell by 6.8%.
  • Freeport feedgas flows have averaged around a third of capacity at 680bcf/d in the last week according to BNEF. Train 3 is currently online and producing LNG, while the “train 2 liquefaction unit is now offline and our train 1 liquefaction unit will be taken down imminently,” Freeport said on Mar. 20 according to LNG Prime.
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