U.S. LNG Feedgas Falls as Storm Francine Hits Louisiana Export Plants
(Reuters) — The amount of natural gas flowing to U.S. liquefied natural gas export plants was on track to slide further on Thursday with energy companies reducing feedgas to plants as storm Francine barreled into southeastern Louisiana, according to data from financial firm LSEG.
Francine weakened from a Category 2 hurricane to a tropical depression as it headed northeastward, but still packed winds of 35 miles per hour (55 km per hour) and threatened areas with dangerous storm surges early on Thursday, the National Hurricane Center said in an advisory.
Louisiana is home to three of the United States' seven big operating LNG export plants.
Gas flows to U.S. LNG export plants were on track to decline from 11.9 billion cubic feet per day (Bcf/d) on Wednesday to a more than two-week low of 11.7 Bcf/d on Thursday, LSEG data showed.
Total feedgas averaged about 12.7 Bcf/d on Tuesday and 13.4 Bcf/d over the prior week.
Most of that reduction was due to a drop in flows to the 2.0-Bcf/d Cameron LNG export plant in Louisiana from 1.9 Bcf/d on Tuesday to 0.6 Bcf/d on Thursday. Feedgas to Cameron averaged 2.1 Bcf/d over the prior week.
One billion cubic feet of gas is enough to supply about 5 million homes for a day.
Officials at Cameron LNG were not immediately available for comment on the reason for the reduction.
Cameron LNG's partners include units of U.S. energy company Sempra Energy, Japanese corporate groups Mitsui & Co. and Mitsubishi, France's TotalEnergies and Japanese shipping line Nippon Yusen KK (NYK Line), according to the Cameron website.
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