Daily US natural gas production is estimated to be 90.3 Bcf/d this morning. Today’s estimated production is -1.91 Bcf/d to yesterday, and -1.87 Bcf/d to the 7D average.
Natural gas consumption is modelled to be 75 Bcf today, -1.95 Bcf/d to yesterday, and -0.74 Bcf/d to the 7D average. US power burns are expected to be 39.4 Bcf today, and US ResComm usage is expected to be 8.4 Bcf.
Net LNG deliveries are expected to be 9.6 Bcf today. The drop is related to pipeline maintenance that feeds Corpus Christie. The pullback in noms is due to work on the Corpus Christie pipeline at the Sinton Compressor Station (lasting 2 days) and the NGPL meter station (lasting 3 days). Additionally we should expect to see Sabine feedgas levels start to increase (today/tomorrow) with the completion some Transco maintenance.
Mexican exports are expected to be 7.3 Bcf today, and net Canadian imports are expected to be 5.1 Bcf today.
The storage outlook for the upcoming report is +44 Bcf today.
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