The GFS Ensemble and Euro Ensemble posted similar changes in their 00z runs overnight. Both models showed further warming in the 6-10 time frame, but a cool shot showing up in the 11-15 time frame.

 

 

Total deliveries to the LNG facilities looks to have set a new record this morning with Sabine resuming operations after the NGPL maintenance event a couple of weeks ago. Today’s nomination data shows 11.3 Bcf/d being delivered to all US facilities. The increase comes with Corpus Christie firing up T3.

 

 

Today’s record could easily be surpassed in the coming days if all facilities operated near their peak. We calculate the coincidental peak of all facilities to be 11.95 Bcf/d.

 

 

 

Today’s Fundamentals

 

Daily US natural gas production is estimated to be  91 Bcf/d this morning. Today’s estimated production is -0.16 Bcf/d to yesterday, and -0.52 Bcf/d to the 7D average.

Natural gas consumption is modelled to be 99.6 Bcf today,  -1.57 Bcf/d to yesterday, and +12.37 Bcf/d to the 7D average. US power burns are expected to be 28.84 Bcf today, and US ResComm usage is expected to be 38.7 Bcf.

Net LNG deliveries are expected to be 11.3 Bcf today.

Mexican exports are expected to be 6.7 Bcf today, and net Canadian imports are expected to be 5.8 Bcf today.

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