Cheniere Energy returns Louisiana LNG export plant to full production
(Reuters) - Cheniere Energy Inc's Sabine Pass LNG export facility returned to full production this week after undergoing maintenance, data from Refinitiv showed.
The increased production is expected to help third quarter exports of U.S. liquefied natural gas (LNG) which fell in May to 7.66 million tons from a record 8.01 million tons in April, as plant maintenance curbed some output.
The Louisiana-based export facility started reducing its natural gas consumption on June 1 when it fell to 3.77 billion cubic feet per day (bcfd) from 4.56 bcfd on May 31, according to data provider Refinitiv.
Cheniere was not immediately available for comment.
Sabine Pass began increasing gas consumption last weekend and on Friday was on track to pull in about 4.3 bcfd. That was up about 2.1 bcfd from its recent low on June 22.
U.S. LNG feedgas demand rebounded towards 12.7 bcfd over the last few days as Sabine bounced back, Tudor Pickering Holt analyst Matt Murphy wrote on Friday. Demand could rise to over 14 bcfd through the third quarter of 2023, he predicted.
Related News
Related News
- Three killed, two injured in accident at LNG construction site in Texas (U.S.)
- Update: How Germany is building up LNG import terminals
- Digital Exclusive: The value of experience—Why expertise matters in compressor overhauls and revamps
- Croatia's LNG terminal to auction 0.75 Bm3 of regasification capacity in May
- Glencore to offtake 2 MMtpy of LNG from Commonwealth LNG's export facility in Cameron Parish, Louisiana
Comments