LNG Exports should pick up next week
Posted: Fri Sep 08, 2017 11:59 am
Sabine Pass LNG Tankers Loading, But Currents Stymie Cargoes. Natural Gas Intel.
Cheniere Energy Inc.’s liquefied natural gas (LNG) export facility in Sabine Pass, TX, on Wednesday loaded its first cargo in more than a week following shut-ins from Hurricane Harvey. The Sabine Pass terminal had not had a ship offtake gas since Aug. 24, the day before Harvey made landfall. Cheniere CEO Jack Fusco, in an interview on Bloomberg Television, said six LNG tankers were ready to load. The one tanker loaded Wednesday was ready to go, “but currents are still high and there is debris coming down the channel.” The expectation, said Fusco, is one or two cargos may be “disrupted,” but no material impact is expected. LNG exports will be a growing component on the Gulf Coast, as more liquefaction facilities are built. Harvey affected ship traffic in and around Port Arthur, which in turn created operational issues upstream as capacity and flows to the port have had limited ships to access, load and leave the area.
Cheniere Energy Inc.’s liquefied natural gas (LNG) export facility in Sabine Pass, TX, on Wednesday loaded its first cargo in more than a week following shut-ins from Hurricane Harvey. The Sabine Pass terminal had not had a ship offtake gas since Aug. 24, the day before Harvey made landfall. Cheniere CEO Jack Fusco, in an interview on Bloomberg Television, said six LNG tankers were ready to load. The one tanker loaded Wednesday was ready to go, “but currents are still high and there is debris coming down the channel.” The expectation, said Fusco, is one or two cargos may be “disrupted,” but no material impact is expected. LNG exports will be a growing component on the Gulf Coast, as more liquefaction facilities are built. Harvey affected ship traffic in and around Port Arthur, which in turn created operational issues upstream as capacity and flows to the port have had limited ships to access, load and leave the area.