U.S. LNG Feedgas Demands Hits New All-Time High Last Day of 2024
U.S. natural gas demand from LNG plants (the feedgas that flows to the plants) hit a new all-time record high on Tuesday, Dec. 31st, the last day of the year. Feedgas flows climbed to 15.2 billion cubic feed (Bcf) in a sign of a strong year ahead from the startup of two new gas-processing plants. Venture Global LNG's Plaquemines plant in Louisiana and Cheniere Energy's Corpus Christi Stage 3 expansion in Texas recently came online (at least partially), driving feedgas flows higher.
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