US LNG Exports Slide over Week
Natural gas feedstock deliveries to US LNG export facilities averaged 4.7bn ft³/d in the week August 1-7, down 1.3bn ft³/d from the previous week as a result of several trains that have started scheduled maintenance. Sabine Pass has shut down Trains 3 and 4 for maintenance, and only Trains 1, 2, and 5 are operating, according to Opis PointLogic Energy. Feedstock deliveries to Freeport LNG have also halved owing to testing on Train 2. The first LNG production from Train 1 at Freeport LNG is expected in September 2019.
US exported eight LNG cargoes with a combined capacity of 29bn ft³ between August 1-7, according to Bloomberg data quoted by the national Energy Information Administration. Of those, five were from Sabine Pass, and one each from the Cove Point, Corpus Christi, and Cameron LNG export terminals. Two more were loading August 7.
Natural gas consumed for power generation climbed by 3% week over week, reaching an all-time high of 44.4bn ft³/d August 7, according to Opis.
The average rate of net injections into storage is a third higher than the five-year average so far in the refill season, with about 7bn ft³/day going in over the week August 1-7.