Apart from the weather, other segments of demand are holding strong with early pipeline estimates indicating that LNG terminals received nearly 8.5 Bcf of feedgas in today’s flows.
If these numbers hold, this would be the highest LNG demand figures since late April.
This marks a continued recovery in liquefaction terminal utilization despite that short-term roadblocks that include a fire on equipment at Train 1 of Sabine Pass on October 11, a rig obstructing part of the Sabine Bank Channel following Hurricane Delta, and a sunken barge in the Calcasieu ship channel that could limit loading at Cameron LNG in coming days.
Despite these challenges, both Sabine Pass and Cameron are strengthening within their ranges as they continue to recover from recent hurricane impacts.
Source: Gelber & AssociatesTweets by "GelberCorp"