Cheniere’s Sabine Pass LNG starts four-week shutdown

Cheniere Energy (LNG -0.2%) has started a four-week shutdown of its Sabine Pass LNG export terminal in Louisiana to repair gas flares that have not functioned properly, Argus Media reports.

The facility was scheduled to receive ~20.8M cf of gas yesterday after receiving the same amount the previous day, but the volumes are negligible compared with the average intake of 1.18B cf/day during the first half of September, indicating that production from trains 1-2 at Sabine Pass had stopped.

Sabine Pass could continue to export during the shutdown, as the five LNG storage tanks at the terminal have combined capacity equivalent to ~17B cf of gas, while a typical LNG cargo is equivalent to 3B-3.5B cf of gas, so four or five exports are possible during the shutdown if the tanks are relatively full.

Source: Cheniere’s Sabine Pass LNG starts four-week shutdown – Cheniere Energy, Inc (NYSEMKT:LNG)

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