LSEG projected average gas demand in the Lower 48 states, including exports, would ease from 110 bcfd this week to 105.7 bcfd next week. Those forecasts were lower than LSEG’s outlook on Monday. The average amount of gas flowing to the eight big US LNG export plants rose to 15.9 bcfd so far in August, up from 15.5 bcfd in July. That compares with a record monthly high of 16 bcfd in April.
On a daily basis, LNG export feedgas was on track to rise to 15.3 bcfd on Tuesday from a two-week low of 14.2 bcfd on Monday due to reductions at several plants, including Cheniere Energy’s 4.5-bcfd Sabine Pass in Louisiana, Cameron LNG’s two-bcfd plant in Louisiana, and Freeport LNG’s 2.1-bcfd plant in Texas.