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Market Chatter: US Feedgas Flows Rebound Rapidly at Cheniere's Texas LNG Export Facility

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US LNG exporter Cheniere Energy's (LNG) Corpus Christi facility in Texas significantly boosted its natural gas intake Thursday, rebounding rapidly from a brief technical outage that temporarily shut down six midscale expansion trains, Reuters reported Thursday.

According to data compiled by financial firm LSEG, the amount of feedgas flowing into the massive South Texas export facility was projected to rise sharply to 2.61 billion cubic feet per day on Thursday.

This marks a notable jump from the 2.14 bcfd recorded on Wednesday, and sits well above the prior seven-day running average of 1.81 bcfd.

The recovery follows an unexpected operational disruption on Wednesday morning. In a formal filing submitted to Texas environmental regulators, Cheniere disclosed that it was forced to shut down Midscale Stage 3 Trains 1 through 6.

If these pipeline metrics hold, the Thursday intake will represent the plant's highest daily volume of feedgas since January 31, when flows touched an all-time record high of 2.64 bcfd, the report said.

The company did not respond torequest for comments.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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