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Steady pipeline flows to Sabine Pass as Cheniere continues to export LNG

Naturalgas pipeline flows to CheniereEnergy Inc.'s Louisiana-based LNG export terminal have remainedrobust throughout the past month as additional cargoes have left its docks. 

SNLEnergy pipeline flow data shows that daily deliveries to the Sabine Passliquefaction facility from the Cheniere Creole Trail Pipeline Co. LP and systems remained in the mid-600,000 Dth range after jumping from nearly 210,000Dth on March 10 to nearly 670,000 Dth on March 11. Deliveries for the monthpeaked on March 28 at almost 733,900 Dth, the day the fourth LNG cargo departedSabine Pass. Still, the two pipelines used less than 50% of their combinedcapacity on that peak flow day.

Meanwhile,the third LNG cargo left Sabine Pass on March 26, Jefferies LLC analysts wrotein a March 31 note to investors. Cheniere is "obligated to ship 10commission cargoes" through the end of April, according to Jefferies.

FERCstaff on March 11 authorized Cheniere Energy to export additional LNGcargoes from Sabine Pass as part of commissioning activities. Cheniere exportedthe first cargo of domestically produced LNG from the Lower 48 on Feb. 24, butthe FERC authorization that covered that first cargo did not approve loadingand export of any additional LNG.

SNL Image

Whilethe first Sabine Pass cargo went to Brazil's Petrobras, India's announced thatit purchased the terminal's second shipment. GAIL, which bought the cargo on aspot basis, will receive it at the Dabhol import terminal on the country's westcoast by mid-April, spokeswoman Vandana Chanana Bloomberg April 1. Petrobras boughtthe third Sabine Pass cargo, Platts reported March 29.

To view operationalstatistics on interstate natural gas pipelines, go to SNL Energy's PipelineSummary Page. To view natural gas operational flow data for receipt ordelivery points, go to SNL Energy's OperationalCapacity by Point Page.

Platts and S&PGlobal Market Intelligence are owned by McGraw Hill Financial Inc.