U.S. LNG feedgas flows continue to remain above 11.5 Bcf/d. Starting today we do have some maintenance on the schedule though. Cheniere’s Corpus Christi is expecting some minor pipeline maintenance starting today that could impact flows by as much as 0.13 Bcf/d on the Corpus Christie pipeline.
Today’s Fundamentals
Daily US natural gas production is estimated to be 90.5 Bcf/d this morning. Today’s estimated production is -0.66 Bcf/d to yesterday, and -0.23 Bcf/d to the 7D average.
Natural gas consumption is modelled to be 73.3 Bcf today, -0.87 Bcf/d to yesterday, and -4.53 Bcf/d to the 7D average. US power burns are expected to be 25.64 Bcf today, and US ResComm usage is expected to be 18.6 Bcf.
Net LNG deliveries are expected to be 11.6 Bcf today.
Mexican exports are expected to be 6.4 Bcf today, and net Canadian imports are expected to be 4.4 Bcf today.
The storage outlook for the upcoming report is +9 Bcf today.
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ION-Energy-Daily-Report-Apr-26-2021.pdf