Feedgas deliveries to Sabine Pass continue decline

Sabine Pass
Sabine Pass

Feedgas deliveries to Cheniere Energy’s Sabine Pass terminal in Louisiana and another facility in Corpus Christi fell to around 1 Bcf/d on July 24, S&P Global Platts reports.

That’s the lowest level in 17.5 months, and it comes as cargo cancellations continue to reduce production at U.S. facilities.

As the biggest LNG exporter in the U.S., Cheniere has previously said it was reviewing different options for adjusting operations if market conditions persisted. According to S&P Global Platts, it has not been more specific.

According to S&P Global Platts, a¬†spokeswoman declined to comment on whether any of the seven trains in service at Cheniere’s two terminals have been taken offline or if the trains are all running at reduced levels. The company is scheduled to release its second-quarter financial results Aug. 6.

he July 24 total feedgas deliveries to Cheniere’s Sabine Pass terminal in Louisiana and Corpus Christi Liquefaction terminal in Texas were the lowest level since Feb. 6, 2019, Platts Analytics data show. Total deliveries to the six major U.S. liquefaction terminals were just over 3 Bcf/d on July 24, the lowest in more than two weeks. Flows to Freeport LNG in Texas have been at or near zero for 18 consecutive days as of July 24.

S&P Global Platts has the full story.