HOUSTON, April 2 (Reuters) - There was a significant
decline on Tuesday in the amount of U.S. natural gas being
liquefied for export with a drop in demand from Cheniere
Energy's Corpus Christi plant in Texas and its Sabine
Pass operation in Louisiana, according to data from financial
firm LSEG.
Cheniere is the largest U.S. producer and the world's second
largest exporter of liquefied natural gas (LNG) as well as the
largest buyer of natural gas in the United States.
The United States overall was the world's largest exporter
of LNG last year, according to the U.S Energy Information
Administration.
At Corpus Christi the demand was down by close to one
billion cubic feet, to 3.95 bcf from its regular 5 bcf and at
Sabine Pass it was at 1.6 bcf, down from the usual 2.2 bcf.
Cheniere declined to comment.
The fall in demand from Cheniere is happening at the same
time that U.S. LNG exports remained flat in March due to ongoing
repair work at the country's second largest LNG facility,
Freeport LNG.
Analysts do not expect U.S. LNG feedgas to return to record
levels until all three liquefaction trains at Freeport LNG's
export plant in Texas return to service.
Freeport has said it expects Trains 1 and 2 to remain shut
until May for inspections and repairs, while Train 3 was
operating. Each Freeport train can turn about 0.7 bcfd of gas
into LNG.
On a daily basis, LNG feedgas fell to a 10-week low of 11.3
bcfd.
Gas flows to the seven big U.S. LNG export plants fell to an
average of 11.9 bcfd so far in April, down from 13.1 bcfd in
March. That compares with a monthly record of 14.7 bcfd in
December.
(Reporting by Curtis Williams in Houston and Scott DiSavino in
New York; editing by Costas Pitas)