Feedgas to USLNG Projects Rises

USLNG Industry: Feedgas Rebounds (S&P Global)
USLNG feedgas demand is rebounding from a 14-month low. While additional cargo cancellations already announced for July and Aug. are likely to keep the pressure on feedgas demand this summer, stronger autumn JKM prices by Sept.-Oct. could fuel a rapid recovery in exports… The uptick in liquefaction activity has been led by Sabine Pass terminal where volumes have climbed about 400 mmcf/d over the past week. At Cameron LNG, volumes are up ~170 mmcf/d compared to the week prior. Freeport LNG and Corpus Christi registered gains of about 100 mmcf/d and 80 mmcf/d, respectively. Link to Content

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