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LNG
Feedgas intake into US LNG terminals has climbed to its highest daily level since April, according to Bloomberg.
- Current feedgas intake as of Nov. 10 stands at 14.778 bcf/d, the highest level since April 22. It is slightly above the recent high in November of 14.754 bcf/d.
- The record intake was April 16 at 14.888 bcf/d.
- Feedgas intake has been able to increase as terminals have come back from maintenance – both planned and unplanned – with most terminals seeing their feedgas intake at near their maximum observed levels.
- A recovery in feedgas intake from Sabine Pass, the US’ largest terminal by output, rising by 25% since Nov. 8, has bolstered overall feedgas intake to its second highest recorded level.
- Yet, Sabine Pass’ current feedgas intake remains slightly below the maximum level. It currently stands at 5.086 bcf/d, below the 5235 bcf/d seen Nov. 1.
Source: Bloomberg
Source: Bloomberg
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.
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